Mazalov, Vladimir; Tokareva, Julia - In: European Journal of Operational Research 217 (2012) 1, pp. 198-203
We consider two final-offer arbitration procedures in the case where there is more than one arbitrator. Two players, labeled 1 and 2 and interpreted here as Labor and Management, respectively, are in dispute about an increase in the wage rate. They submit final offers to a Referee. There are N...