States write incomplete contracts when negotiating and concluding international treaties. Often, they delegate the interpretation of treaties to third-party adjudicators. Some treaties, especially in environmental law, do not institutionalize adjudication within the treaty regime but leave the...

This paper presents econometric evidence for a link between a country's level of egalitarianism and its inward foreign direct investment. In order to provide a theoretical rationale for this relationship, I embed Hart and Moore's (2008) novel contractual foundation into a simple model of global...

The monograph is devoted to key issues on international investment contracts concluded between a host state as a bearer of power and a foreign investor for a specified period and aimed to contribute capital (investment) into the economy of that state. The only type of such agreements referred to...