Modern trade agreements no longer emphasize basic trade liberalization but instead focus
on international policy coordination in a much broader sense. In this review we introduce the …

Legal conflicts between multinational firms and host governments are often decided by
international arbitration panels—as opposed to courts in the host country—because of …

Investor-state dispute settlements (ISDS) are supposed to protect foreign investors against
domestic policies causing “unjustified” harm. This paper scrutinizes the effects of ISDS and …

Many investment treaties include investor-state dispute settlement (ISDS) provisions which
are supposed to protect a foreign investor against opportunistic behavior of a host country …

This paper offers an economic analysis of an international investor-state dispute settlement
regime (ISDS) in markets with large investors. It identifies a reason for strategic …

Nearly 2700 international investment agreements protect foreign investment against host
country policies. This paper analyzes the design and implications of their contentious …

This paper shows that investor‐state dispute settlements (ISDS) make multinational firms
more aggressive by increasing cost‐reducing investments with the aim to enlarge the …

We develop a model in which realisations of an ex ante uncertain domestic policy
environment can make it attractive to a sovereign nation to renege on an international …

International investment agreements employ dispute settlement procedures that differ
markedly from their counterparts in trade agreements along three key dimensions: standing …

Investment treaties grant foreign investors legal rights to compensation for losses caused by
certain host state conduct. Many states are reconsidering their involvement in these treaties …