Investor-state dispute settlement (ISDS) is a rapidly growing field of international law, due mainly to a proliferation of investment treaties among states that grant foreign investors the right to pursue binding arbitration against states for alleged violations of property rights. However, many have argued that poorer countries are systematically disadvantaged in arbitration since the costs of...

We revisit an investment experiment that compares the performance of an investor using Bayesian methods for determining portfolio weights with an investor that uses the Monte Carlo based resampling approach advocated in Michaud (1998). Markowitz and Usmen (2003) showed that the Michaud investor always won. However, in the original experiment, the Bayes investor was handicapped because the algor...

This study examines the relationship between investor demand for IPOs prior to offerings and aftermarket performance of IPO firms during the period from 1993 to 1997 in the Hong Kong stock market. The paper finds that the IPOs with high investor demand have large positive initial returns but negative longer-run excess returns, while the IPOs with low investor demand have negative initial return...

During the past decade, researchers have commonly employed one of two sets of interstate dyads as the population of cases in quantitative analyses of international conflict, either “all dyads” or “politically relevant dyads.” The main argument against using the “all dyads” set is that includes many dyads where there is no chance of conflict, and so analysts using this set are examining many pai...

Failure to timely identify the occurrence of various shocks in the foreign exchange market due to the close relationship with the monetary, macroeconomic, and financial uncertainty can lead to crises and imbalances. In this paper, the effect of exchange rate and investor confidence on monetary and economic uncertainty in Iran is investigated, specifying a Multivariate GARCH model and the Grange...

INTRODUCTION..................................................................................... 20 I. WHAT PEOPLE ARE ARGUING ABOUT WHEN THEY ARGUE ABOUT NET NEUTRALITY............................................ 22 A. A Taxonomy of IP Networks ................................................... 22 B. A Taxonomy of Net Neutrality Proposals ................................. 24 1. The Anti-Bloc...