A Neoclassical Realist Theory of Overbalancing

Abstract

Abstract Why do states overestimate threats and, as a result, mount disproportionately strong and therefore costly balancing responses? To answer this question, we build a neoclassical realist theory of overbalancing to argue that unit-level intervening variables help generate a counterforce greater than what a structurally induced ideal response would call for. We identify the factors and conditions that steer states to deviate from realist, optimal policies, pinpoint the consequences of such suboptimal behavior, and provide policymakers with recommendations more suited to an interest-driven foreign policy in line with power considerations. We apply our theory to two distinct case studies: Egypt's costly intervention in Yemen in the 1960s and the American overreaction to the real, but very limited, threat posed by terrorism since 2001.