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Arbitrator Behavior and the Variances of Arbitrated and Negotiated Wage Settlements

  • Currie, Janet

The variance of arbitrated wage settlements is significantly lower than the variance of negotiated wage settlements in a sample of teachers' contracts, even when possible selection of contracts into arbitration is accounted for. This result is consistent with the hypothesis that arbitrated settlements do not incorporate all of the information that is reflected in negotiated settlements. Copyright 1994 by University of Chicago Press.

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File URL: http://dx.doi.org/10.1086/298342
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Article provided by University of Chicago Press in its journal Journal of Labor Economics.

Volume (Year): 12 (1994)
Issue (Month): 1 (January)
Pages: 29-40

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Handle: RePEc:ucp:jlabec:v:12:y:1994:i:1:p:29-40
Contact details of provider: Web page: http://www.journals.uchicago.edu/JOLE/

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  1. Crawford, Vincent P, 1981. "Arbitration and Conflict Resolution in Labor-Management Bargaining," American Economic Review, American Economic Association, vol. 71(2), pages 205-10, May.
  2. Janet Currie, 1989. "Who Uses Interest Arbitration? The Case of British Columbia's Teachers, 1947–1981," ILR Review, Cornell University, ILR School, vol. 42(3), pages 363-379, April.
  3. repec:fth:prinin:285 is not listed on IDEAS
  4. repec:pri:indrel:285 is not listed on IDEAS
  5. Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
  6. Craig A. Olson & Barbara Rau, 1991. "Negotiated Settlements and Learning From the Arbitration Experience," Working Papers 665, Princeton University, Department of Economics, Industrial Relations Section..
  7. Currie, Janet & McConnell, Sheena, 1991. "Collective Bargaining in the Public Sector: The Effect of Legal Structure on Dispute Costs and Wages," American Economic Review, American Economic Association, vol. 81(4), pages 693-718, September.
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