The hydroelectric dam dispute in the Mekong River has escalated, posing threats to dam development, economic growth, and regional security. In pursuit of understanding the pivotal factors impeding sustainable dam construction, this study performs a co...
The hydroelectric dam dispute in the Mekong River has escalated, posing threats to dam development, economic growth, and regional security. In pursuit of understanding the pivotal factors impeding sustainable dam construction, this study performs a comparative analysis of three mainstream hydroelectric dams in Laos: Xayaburi, Don Sahong, and Pak Beng Dams. The psychological game theory (PGT) proves instrumental in dissecting the fundamental rationale underpinning each country’s strategic yet occasionally irrational decision. By applying PGT to the three dams, this study uncovers that political asymmetry, mainly due to the inclusion of a powerful country, prompts participants to shift from a neutral to a fearful state of mind, leading to a seemingly irrational decision; the cessation of the Pak Beng Dam. The research findings hold substantial implications for hydroelectric dam discourse, as they open the avenue for fostering sustainable dam development, enhancing economic development, and bolstering regional security in the Mekong River.