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Cognitive biases play a fundamental part in franchisor-franchisee deal making. Ordinarily, franchisors have more power and information than do franchisees. The disparity between these parties is often exacerbated by the franchisees' psychological dispositions. Are franchisees biased or...
Persistent link: https://www.econbiz.de/10012865812
Arbitrators are lead actors in global dispute resolution. They are to global dispute resolution what judges are to domestic dispute resolution. Despite its global significance, arbitral decision making is a black box. This Article is the first to use original experimental research to explore how...
Persistent link: https://www.econbiz.de/10012967047
“Extreme” weather has become the new normal. What were previously considered to be inexplicable and unpredictable “acts of God” can no longer reasonably be said to be so. They are acts of man. The established doctrine of contractual impracticability rests on the notion that a party may...
Persistent link: https://www.econbiz.de/10012983504
Could North Korea (officially, the Democratic People’s Republic of Korea) actually become Northeast Asia’s next big free market economy? At first blush, economic optimism about the Hermit Kingdom seems incredibly misplaced. North Korea is one of the most repressive countries in the world;...
Persistent link: https://www.econbiz.de/10014361078
This article argues that Ghana should implement certain international legal instruments (ILIs) relating to international sale of goods transactions. The article submits that the recommended instruments, if adopted, would harmonise Ghana’s laws with aspects of laws that govern international...
Persistent link: https://www.econbiz.de/10014165111
As diversity can affect the perceived legitimacy of a state’s dispute resolution system and the quality of judicial decisions, diversity levels in the national bench and bar have been an area of transnational concern. By contrast, little is known about diversity of adjudicators and counsel in...
Persistent link: https://www.econbiz.de/10014135472
This case study analyzes the reasons for failures by Credit Suisse banking advisors prior to the recent financial crisis and attempts to develop a strategy for international law that will dis-incentivize advisors from failing, thereby averting consumer losses in the future.The paper does not...
Persistent link: https://www.econbiz.de/10013120596
rules and use the same contract terms for all their cross-border transactions. This paper examines whether the proposed … rules on non-negotiated contract terms are fit to fulfill this purpose, ensuring at the same time a high level of consumer …
Persistent link: https://www.econbiz.de/10013111293
law. Such is the factual scenario of O'Brien v. Ohio State University. This teaching case study offers lessons in Contract …
Persistent link: https://www.econbiz.de/10013113131
After introducing some fundamental concepts of relevance to Islamic finance, this article describes investment funds used to make investments in the United States, lease (ijara) investment structures used for real estate investments in different jurisdictions (including the early development of...
Persistent link: https://www.econbiz.de/10013080821