Showing 1 - 4 of 4
This article offers chaos, a theory drawn from the physical sciences, as an explanatory model for international economic law which consists of the law of the WTO, international investment law, and the policies of the IMF and World Bank. The laws promulgated by these institutions as the central...
Persistent link: https://www.econbiz.de/10013005846
This paper examines the UK Unfair Terms in Consumer Contracts Regulations (UTCCR)'s prohibition on clauses in consumer contracts that mandate dispute settlement in an arbitration tribunal as potentially unfair and oppressive as against consumers because it denies their right to civil...
Persistent link: https://www.econbiz.de/10013146360
This article applies a new methodology for the assessment of environmental risk prevention expenditure to the adjudication process of international investment arbitration. The Disproportion Factor Model can be implemented by investment arbitration tribunals to evaluate the reasonableness of...
Persistent link: https://www.econbiz.de/10013007602
This article considers the application of the behavioural economics theory of loss aversion bias as an explanation for observed approaches to monetary compensation in Investor-State Dispute Settlement (ISDS). Beginning with a critique of the assessment that damages for breach of contract (both...
Persistent link: https://www.econbiz.de/10012993921