The Theory of Dispute Resolution with Application to Intellectual Property Rights
INTELLECTUAL PROPERTY, GROWTH AND TRADE, Keith Maskus, ed., Elsevier B.V., Forthcoming
Posted: 11 Nov 2007
Abstract
We survey several of the theoretical models that have been applied to the analysis of the GATT/WTO dispute settlement process. These include repeated game models, which emphasize the punishment aspect of dispute settlement, and incomplete contracting models, which emphasize the 'gap-filling' aspect. Our analysis emphasizes the implications of these models for the strengthening of the dispute settlement process under the WTO and for its application to the TRIPS agreement. We also discuss how models of settlement bargaining can be applied to obtain empirical predictions about which cases will actually proceed to an actual finding by the dispute panel.
Keywords: Dispute Resolution, Intellectual Property Rights, TRIPS, WTO
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