

When Hedging Fails
Structural Uncertainty, Protective Options, and Geopolitical (Im)Prudence in Smaller Powers’ Behaviour
Samenvatting
Hedging has been widely viewed as an optimal foreign policy for small and middle powers. This Element contributes to the knowledge by explaining why some smaller powers can hedge successfully between competing great powers while others fail to and suffer serious harm. It highlights the limits to smaller power hedging.