Credibility, preferences, and bilateral investment treaties

  title={Credibility, preferences, and bilateral investment treaties},
  author={Seok-ju Cho and Yong kyun Kim and Cheol-Sung Lee},
  journal={The Review of International Organizations},
When is a commitment mechanism employed as a solution to a time-inconsistency problem? This article provides a nuanced answer to this question by studying bilateral investment treaties (BITs). We develop a game theoretic model of BIT signing in which the government of a capital-importing country and an investor from a capital-exporting country strategically interact. The model predicts that, on the one hand, when host states highly value foreign direct investment (FDI), the likelihood of BITs… 
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Are smaller members of the World Trade Organization able to use the WTO’s dispute settlement mechanism on an equal footing with the more powerful members of the organization? This paper examines the