We describe recent work on the theory of trade agreements that speaks to the purpose and design of GATT. Our discussion … review therefore offers support for the (politically-augmented) terms-of-trade theory as an appropriate framework within …

trade liberalization. Yet the theory of trade policy has traditionally had little to say about these rules and the issues …

interpreted as symptoms of a dispute resolution system in decline. In this paper we propose a theory that can explain these trends … as a result of judicial learning; thus according to our theory such trends represent good news, not bad news. We then …

The legitimacy of the world trading system is under growing attack, as challenges to its conformity with norms of … fairness and social justice are increasingly voiced by citizens and their governments around the world. Taking a novel "bottom …-related fairness concerns of their citizens. More generally, our findings point to a detailed understanding of real-world perceptions …