Norms Arising from the Values Shared by International Commercial Arbitrators
Norms Arising from the Values Shared by International Commercial Arbitrators
This chapter describes aspects of international arbitration culture that arise from the values shared by international arbitrators. It identifies four categories of social norms that correspond to those values: party autonomy, the service of business, neutrality, and internationalism.
Keywords: international arbitration, international commercial arbitration, social norms, party autonomy, neutrality, private justice, commercial mentality, trade usages, business custom, lex mercatoria, cosmopolitanism
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