The law and economics literature on contracts and contract enforcement has focused almost exclusively on judicial … adjudication, despite the fact that the vast majority of contracts are never adjudicated. Indeed, most contracts disputes are … negotiated are resolved through arbitration. …

How can property rights be protected and contracts be enforced in countries where the rule of law is ineffective or …. In much of the world and through much of history, private mechanisms--such as long-term relationships, arbitration …

and enforceability of faith-based arbitration clauses in international contracts and transactions in light of the Aramco … significantly performed in the United States. The contract also contained an arbitration clause, requiring that any disputes be … resolved using Sharia law as implemented through an arbitration panel. When a dispute over the ownership of funds arose …