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Reputation instead of coercion: the justice system that worked for centuries
A Mediterranean merchant of the eleventh century entrusts a cargo to an agent who sails for a port weeks away. There the agent will sell the goods, collect payment and -supposedly- remit the money. No court within the merchant's reach has jurisdiction over that distant port; no public force will go and recover whatever the agent decides to keep. Between the two there is no bond but a promise. What stopped the agent, then, from simply stealing? The answer is not law, nor force
1 day ago5 min read


Imperomics: the enforcement of decisions without the need for state coercion
Ask yourself what it ultimately means to enforce a contract, and you will think, almost by reflex, of courts, judgments and the force of the State. The intuition is so deeply rooted that we scarcely notice it as an intuition. We take for granted that enforcing what has been agreed is a function of the State, that without ius imperii no guarantee of compliance is possible. The guarantee of compliance —ensuring that promises are honoured and that the decisions resolving dispute
4 days ago7 min read


The Arbitration Paradox: Why the Best Mechanism for Justice Remains a Niche
Picture a product that solves a problem better than its dominant alternative. It is faster. It is designed by specialists in the field, not by overstretched generalists. It bends to the will of those who use it instead of imposing a rigid procedure. And its outcome is recognised in more than 170 countries thanks to an international treaty that state justice, bound by its borders, does not have. That product exists. It is called arbitration. And yet, despite all these advantag
Jul 296 min read


Baseball Arbitration: Arbitration's flexibility and its hidden potential
En este post, exploramos cómo el arbitraje ofrece un lienzo en blanco para diseñar infraestructuras de resolución a la medida exacta de cada conflicto. Analizamos desde la eficiencia radical del método "Only Document" hasta el potencial del Baseball Arbitration (Last-Offer Arbitration), una metodología que utiliza la teoría de juegos para incentivar la buena fe y premiar la razonabilidad de las partes.
Mar 243 min read


The genesis of a private justice system
Why are public justice systems systematically failing, and what opportunities exist to build a private alternative? In this post, we explore the collapse of ordinary systems and the Go-To-Market error of traditional arbitration to introduce the genesis of IMPERA. Discover how a user-centric ecosystem based on reputation can transform justice into an efficient and, above all, human-centric.
Mar 233 min read
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