Your email was sent successfully. Check your inbox.

An error occurred while sending the email. Please try again.

Proceed reservation?

Export
  • 1
    UID:
    gbv_835075303
    Format: 1 Online-Ressource (xvi, 247 pages) , digital, PDF file(s).
    ISBN: 9781316401941 , 9781107552012 , 9781107119536
    Content: Modern investment treaties give private arbitrators power to determine whether governments should pay compensation to foreign investors for a wide range of sovereign acts. In recent years, particularly developing countries have incurred significant liabilities from investment treaty arbitration, which begs the question why they signed the treaties in the first place. Through a comprehensive and timely analysis, this book shows that governments in developing countries typically overestimated the economic benefits of investment treaties and practically ignored their risks. Rooted in insights on bounded rationality from behavioural psychology and economics, the analysis highlights how policy-makers often relied on inferential shortcuts when assessing the implications of the treaties, which resulted in systematic deviations from fully rational behaviour. This not only sheds new light on one of the most controversial legal regimes underwriting economic globalization but also provides a novel theoretical account of the often irrational, yet predictable, nature of economic diplomacy.
    Note: Title from publisher's bibliographic system (viewed on 05 Oct 2015)
    Additional Edition: ISBN 9781107119536
    Additional Edition: ISBN 9781107552012
    Additional Edition: ISBN 9781107119536
    Additional Edition: Erscheint auch als Poulsen, Lauge Skovgaard Bounded rationality and economic diplomacy Cambridge, United Kingdom : Cambridge University Press, 2015 ISBN 9781107119536
    Language: English
    Subjects: Economics
    RVK:
    Keywords: Entwicklungsländer ; Investitionsschutzabkommen ; Politische Entscheidung ; Investition ; Geldpolitik ; Politische Ökonomie
    URL: Volltext  (lizenzpflichtig)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
Close ⊗
This website uses cookies and the analysis tool Matomo. Further information can be found on the KOBV privacy pages