An Experimental Comparison of Dispute Rates in Alternative Arbitration Systems
This paper reports the results of a systematic experimental comparison of the effect of alternative arbitration systems on dispute rates. The three main findings indicate that (1) dispute rates are inversely related to the monetary costs of disputes; (2) the dispute rate in a final-offer arbitration system is at least as high as the dispute rate in a comparable conventional arbitration system; and (3) dispute rates are inversely related to the uncertainty costs of disputes, indicating that some bargainers behave as if they were risk averse. Coauthors are Janet Currie, Henry S. Farber, and Matthew Spiegel. Copyright 1992 by The Econometric Society.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 60 (1992)
Issue (Month): 6 (November)
|Contact details of provider:|| Phone: 1 212 998 3820|
Fax: 1 212 995 4487
Web page: http://www.econometricsociety.org/
More information through EDIRC
|Order Information:|| Web: https://www.econometricsociety.org/publications/econometrica/access/ordering-back-issues Email: |
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Harrison, Glenn W, 1989. "Theory and Misbehavior of First-Price Auctions," American Economic Review, American Economic Association, vol. 79(4), pages 749-62, September.
- Tracy, Joseph S, 1986. "An Investigation into the Determinants of U.S. Strike Activity," American Economic Review, American Economic Association, vol. 76(3), pages 423-36, June.
- Farber, Henry S & Bazerman, Max H, 1989. "Divergent Expectations as a Cause of Disagreement in Bargaining: Evidence from a Comparison of Arbitration Schemes," The Quarterly Journal of Economics, MIT Press, vol. 104(1), pages 99-120, February.
- McConnell, Sheena, 1989. "Strikes, Wages, and Private Information," American Economic Review, American Economic Association, vol. 79(4), pages 801-15, September.
- Henry S. Farber & Max H. Bazerman, 1987. "Divergent Expectations as a Cause of Disagreement in Bargaining: Evidence from a Comparison of Arbitration Schemes."," NBER Working Papers 2139, National Bureau of Economic Research, Inc.
- Currie, J. & Mcconnell, S., 1989.
"Strikes And Arbitration In The Public Sector: Can Legislation Reduce Dispute Costs?,"
360, London School of Economics - Centre for Labour Economics.
- Currie, J. & Mcconnell, S., 1989. "Strikes And Arbitration In The Public Sector: Can Legislation Reduce Dispute Costs?," Papers 9, California Los Angeles - Applied Econometrics.
- Bloom, David E & Cavanagh, Christopher L, 1986.
"An Analysis of the Selection of Arbitrators,"
American Economic Review,
American Economic Association, vol. 76(3), pages 408-22, June.
- Max H. Bazerman & Henry S. Farber, 1985. "Arbitrator decision making: When are final offers important?," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 39(1), pages 76-89, October.
- Henry S. Farber & Harry C. Katz, 1979. "Interest arbitration, outcomes, and the incentive to bargain," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 33(1), pages 55-63, October.
- Orley Ashenfelter & David Bloom, 1981.
"Models of Arbitrator Behavior: Theory and Evidence,"
526, Princeton University, Department of Economics, Industrial Relations Section..
- Orley Ashenfelter & David E. Bloom, 1983. "Models of Arbitrator Behavior: Theory and Evidence," NBER Working Papers 1149, National Bureau of Economic Research, Inc.
When requesting a correction, please mention this item's handle: RePEc:ecm:emetrp:v:60:y:1992:i:6:p:1407-33. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.