eBook - PDF
Bounded Rationality and Economic Diplomacy
The Politics of Investment Treaties in Developing Countries
- 266 pages
- English
- PDF
- Available on iOS & Android
eBook - PDF
Bounded Rationality and Economic Diplomacy
The Politics of Investment Treaties in Developing Countries
About this book
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.
Trusted by 375,005 students
Access to over 1.5 million titles for a fair monthly price.
Study more efficiently using our study tools.
Information
Table of contents
- Cover
- Half-title
- Title page
- Copyright information
- Dedication
- Table of contents
- List of figures
- List of tables
- Selected abbreviations
- Acknowledgements
- Preface
- 1 Unanticipated consequences
- 2 Bounded rationality and the spread of investment treaties
- 3 A difficult beginning
- 4 Promoting investment treaties
- 5 A less than rational competition
- 6 Narcissistic learning
- 7 Letting down the guard: a case study
- 8 Expanding the bounds of rationality in the investment regime
- Appendix
- References
- Archives
- Agreements, arbitration awards, and constitutions
- Index
Frequently asked questions
Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription
No, books cannot be downloaded as external files, such as PDFs, for use outside of Perlego. However, you can download books within the Perlego app for offline reading on mobile or tablet. Learn how to download books offline
Perlego offers two plans: Essential and Complete
- Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
- Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.5M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1.5 million books across 990+ topics, we’ve got you covered! Learn about our mission
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more about Read Aloud
Yes! You can use the Perlego app on both iOS and Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app
Yes, you can access Bounded Rationality and Economic Diplomacy by Lauge N. Skovgaard Poulsen in PDF and/or ePUB format, as well as other popular books in Politics & International Relations & International Relations. We have over 1.5 million books available in our catalogue for you to explore.