Coverart for item
The Resource Bounded Rationality and Economic Diplomacy : The Politics of Investment Treaties in Developing Countries, Lauge N. Skovgaard Poulsen, (electronic book)

Bounded Rationality and Economic Diplomacy : The Politics of Investment Treaties in Developing Countries, Lauge N. Skovgaard Poulsen, (electronic book)

Label
Bounded Rationality and Economic Diplomacy : The Politics of Investment Treaties in Developing Countries
Title
Bounded Rationality and Economic Diplomacy
Title remainder
The Politics of Investment Treaties in Developing Countries
Statement of responsibility
Lauge N. Skovgaard Poulsen
Title variation
Bounded Rationality & Economic Diplomacy
Creator
Author
Subject
Language
eng
Summary
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
Member of
Cataloging source
UkCbUP
http://library.link/vocab/creatorName
Skovgaard Poulsen, Lauge N
Dewey number
332.67/3091724
Index
index present
LC call number
HG5993
LC item number
.P68 2015
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/subjectName
  • International economic relations
  • Investments, Foreign (International law)
  • International commercial arbitration
Label
Bounded Rationality and Economic Diplomacy : The Politics of Investment Treaties in Developing Countries, Lauge N. Skovgaard Poulsen, (electronic book)
Instantiates
Publication
Note
Title from publisher's bibliographic system (viewed on 14 Sep 2015)
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
CR9781316401941
Extent
1 online resource (264 pages)
Form of item
  • online
  • electronic
Isbn
9781107552012
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
digital, PDF file(s).
Specific material designation
remote
Label
Bounded Rationality and Economic Diplomacy : The Politics of Investment Treaties in Developing Countries, Lauge N. Skovgaard Poulsen, (electronic book)
Publication
Note
Title from publisher's bibliographic system (viewed on 14 Sep 2015)
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
CR9781316401941
Extent
1 online resource (264 pages)
Form of item
  • online
  • electronic
Isbn
9781107552012
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
digital, PDF file(s).
Specific material designation
remote

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