We develop the existence, uniqueness, continuity, stability, and scattering theory for energy-critical nonlinear Schr"odinger equations in dimensions $n \geq 3$, for solutions which have large, but finite, energy and large, but finite, Strichartz norms. For dimensions , this theory is a standard extension of the small data well-posedness theory based on iteration in Strichartz spaces. However, in dimensions there is an obstruction to this approach because of the subquadratic nature of the nonlinearity (which makes the derivative of the nonlinearity non-Lipschitz). We resolve this by iterating in exotic Strichartz spaces instead. The theory developed here will be applied in a subsequent paper of the second author, to establish global well-posedness and scattering for the defocusing energy-critical equation for large energy data.

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