“Expectations as Property” in UCLA Law Review Discourse

“This volume is provoked by, and takes as its point of departure, a very particular development in international investment law: arbitral tribunals’ practice of requiring states to compensate investors for interfering with their “legitimate expectations” of particular kinds of treatment or particular income streams. …

“But investor-state arbitration can be seen as only one context, among many, in which the expectations of some humans (and, in fact, some non-humans, such as corporate entities) have been constructed as objects worthy of legal protection.  What, if any, are the relations, the connections, between these different contexts?  And what insights, about the histories and implications of the legal protection of (some) expectations, may be generated by looking, together, at legal fields that are generally considered autonomous, bounded, and distinct?”