Private Dispute Resolution in International Business: Negotiation, Mediation, and Arbitration - A Book Review

2007 ◽  
Author(s):  
A. F. M. Maniruzzaman
Keyword(s):  
Dispute Resolution ◽  
International Business ◽  
Business Negotiation

Understanding International Business Negotiation Behavior: Credible Commitments, Dispute Resolution, and the Role of Institutions

2016 ◽  
Vol 21 (1) ◽  
pp. 165-198 ◽  
Author(s):  
Yue Wang ◽  
Karen Yuan Wang ◽  
Xufei Ma
Keyword(s):  
Dispute Resolution ◽  
International Business ◽  
Institutional Economics ◽  
Transaction Cost Economics ◽  
New Institutional Economics ◽  
Credible Commitments ◽  
Business Negotiation ◽  
Negotiation Behavior ◽  
Theoretical Perspectives ◽  
Ex Post

Developed mainly in the broad field of negotiation, the existing literature on international business negotiation has adopted theoretical perspectives that focus on differences between negotiating parties. In this article, we argue that opportunism is more fundamental than differences in our understanding of international business negotiation behavior. Parties’ concerns over how to mitigate opportunism are the fundamental force that drives such negotiation behavior, and the likelihood of opportunism is affected mostly by the economic nature of the asset parties committed to the business exchange. By synthesizing transaction cost economics and new institutional economics, this paper develops an alternative theoretical model that complements the existing negotiation literature to explain negotiation behavior. Our model theorizes relationships between parties’ ex-ante credible commitments and ex-post dispute resolution strategies and explores how institutions moderate such relationships in shaping international business negotiation behavior and process.

BOOK REVIEW. INTERNATIONAL ECONOMIC RELATIONS – THEORIES, STRATEGIES, POLICIES, TOOLS AND CASE STUDIES

2021 ◽  
Vol 14(63) (1) ◽  
pp. 111-112
Author(s):  
Gabriel Brătucu
Keyword(s):  
International Economic ◽  
Case Studies ◽  
International Business ◽  
Economic Relations ◽  
International Economic Relations

This is a review for a collective book published both in Romanian (2017) and in English (2019) on the topic of international economic relations. The book has a comprehensive character and presents the issues related to international business and economics in a multi-facet manner. The book has a number of merits that are presented in the review.

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