Conciliation). The two mechanisms are also compared with a negotiation without arbitration. We observe that the ROC mechanism seems …We run a series of experiments to compare the well known arbitration scheme FOA (Final Offer Arbitration) with a new … arbitration scheme, non compulsory, we proposed in a companion paper (Tanimura and Thoron (2008)): ROC (Recursive Offer …

efficiency. This conclusion is consistent with the experimental results on arbitration and the well-known chilling effect …