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On the Selection of Arbitrators

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

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  1. John List & Sally Sadoff & Steven Levitt, 2010. "Checkmate: Exploring backward induction among chess players," Artefactual Field Experiments 00081, The Field Experiments Website.
  2. Charness, Gary & Rabin, Matthew, 2002. "Understanding Social Preferences with Simple Tests," Department of Economics, Working Paper Series qt3d04q5sm, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
  3. Felix Bierbrauer & Nick Netzer, 2012. "Mechanism design and intentions," ECON - Working Papers 066, Department of Economics - University of Zurich, revised Apr 2014.
  4. Binmore, Ken & McCarthy, John & Ponti, Giovanni & Samuelson, Larry & Shaked, Avner, 2002. "A Backward Induction Experiment," Journal of Economic Theory, Elsevier, vol. 104(1), pages 48-88, May.
  5. Forsythe, Robert, et al, 1996. "An Experimental Study of Voting Rules and Polls in Three-Candidate Elections," International Journal of Game Theory, Springer;Game Theory Society, vol. 25(3), pages 355-83.
  6. Degan, Arianna & Merlo, Antonio, 2009. "Do voters vote ideologically?," Journal of Economic Theory, Elsevier, vol. 144(5), pages 1868-1894, September.
  7. Chen, Yan, 2008. "Incentive-compatible Mechanisms for Pure Public Goods: A Survey of Experimental Research," Handbook of Experimental Economics Results, Elsevier.
  8. 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.
  9. Hurwicz, Leonid & Schmeidler, David, 1978. "Construction of Outcome Functions Guaranteeing Existence and Pareto Optimality of Nash Equilibria," Econometrica, Econometric Society, vol. 46(6), pages 1447-74, November.
  10. David E. Bloom & Christopher L. Cavanagh, 1986. "An Analysis of the Selection of Arbitrators," NBER Working Papers 1938, National Bureau of Economic Research, Inc.
  11. Vincent P. Crawford & Miguel A. Costa-Gomes & Nagore Iriberri, 2010. "Strategic Thinking," Levine's Working Paper Archive 661465000000001148, David K. Levine.
  12. Orley Ashenfelter & Gordon B. Dahl, 2005. "Strategic Bargaining Behavior, Self-Serving Biases, and the Role of Expert Agents: An Empirical Study of Final-Offer Arbitration," NBER Working Papers 11189, National Bureau of Economic Research, Inc.
  13. repec:feb:artefa:0097 is not listed on IDEAS
  14. 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.
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