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This volume presents the most important published articles on arbitration, which is now an established dispute resolution method for the international business community. Complemented by the editors' authoritative introduction, this collection critically examines theoretical foundations as well as empirical and experimental evidence on the nature, efficacy and limitations of commercial dispute arbitration. With emphasis on dispute resolution in both developed and developing economies, this timely volume is indispensable for researchers in law and economics. Corporate and legal practitioners interested in the growing importance of arbitration in economic transactions will also find this an invaluable reference tool.