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Social and Behavioral Sciences Commons

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Public Affairs, Public Policy and Public Administration

University of Central Florida

2009

Expected Utility

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Full-Text Articles in Social and Behavioral Sciences

An Examination Of Central Asian Geopolitics Through The Expected Utility Model: The New Great Game, Corey Stutte Jan 2009

An Examination Of Central Asian Geopolitics Through The Expected Utility Model: The New Great Game, Corey Stutte

Electronic Theses and Dissertations

The New Great Game is a geopolitical competition between regional stakeholders over energy resources in Central Asia. The author seeks to use the expected utility voting model based on Black's median voter theorem for forecasting the New Great Game in Central Asia. To judge the external validity of the voting model, the author uses data from the Correlates of War project data set, to formulate three distinct models based only on the numbers in 1992 and 1993. Capabilities and alliance data were used to develop balance of power positions and compare the outcome of 100 simulations to the actual outcome …