Encyclopedia of Law and Economics

2019 Edition
| Editors: Alain Marciano, Giovanni Battista Ramello

International Litigation and Arbitration

  • S. I. StrongEmail author
Reference work entry
DOI: https://doi.org/10.1007/978-1-4614-7753-2_70


The world of international dispute resolution has changed significantly in the last ten to fifteen years. International actors now must consider a wide array of options regarding how, when and where their legal disputes will be resolved. This entry discusses the various means of resolving international legal disputes and outlines how law and economics analysis has helped rationalize an increasingly chaotic field of law. In so doing, the discussion considers four core areas of concern: the effectiveness of international dispute resolution; competition between and within different dispute resolution mechanisms; choice of substantive and procedural law and conflict of laws; and third-party funding.

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© Springer Science+Business Media, LLC, part of Springer Nature 2019

Authors and Affiliations

  1. 1.University of Missouri School of LawColumbiaUSA