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On the Selection of Arbitrators

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A key feature of arbitration is the possibility for conflicting parties to partake in the selection of the person who will rule the case. We analyze this problem of the selection of arbitrators from the perspective of implementation theory. Theoretical, empirical and experimental arguments are combined to highlight difficulties with a procedure that is commonly used in practice and to develop and identify better performing procedures.

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Paper provided by Brown University, Department of Economics in its series Working Papers with number 2012-8.

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Date of creation: 2012
Handle: RePEc:bro:econwp:2012-8
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Department of Economics, Brown University, Providence, RI 02912

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  1. Gary Charness & Matthew Rabin, 2002. "Understanding Social Preferences with Simple Tests," The Quarterly Journal of Economics, Oxford University Press, vol. 117(3), pages 817-869.
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  10. Özgür Kıbrıs & Murat Sertel, 2007. "Bargaining over a finite set of alternatives," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 28(3), pages 421-437, April.
  11. Roth, Alvin E, 1984. "The Evolution of the Labor Market for Medical Interns and Residents: A Case Study in Game Theory," Journal of Political Economy, University of Chicago Press, vol. 92(6), pages 991-1016, December.
  12. Hurwicz, Leonid & Schmeidler, David, 1978. "Construction of Outcome Functions Guaranteeing Existence and Pareto Optimality of Nash Equilibria," Econometrica, Econometric Society, vol. 46(6), pages 1447-1474, November.
  13. Chen, Yan, 2008. "Incentive-compatible Mechanisms for Pure Public Goods: A Survey of Experimental Research," Handbook of Experimental Economics Results, Elsevier.
  14. Sprumont, Y., 1991. "Intermediate Preferences and Rawlsian Arbitration Rules," Cahiers de recherche 9113, Universite de Montreal, Departement de sciences economiques.
  15. Orley Ashenfelter & Gordon B. Dahl, 2003. "Strategic Bargaining Behavior, Self-Serving Biases, and the Role of Expert Agents An Empirical Study of Final-Offer Arbitration," Working Papers 857, Princeton University, Department of Economics, Industrial Relations Section..
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