in wage disputes that were settled by final-offer arbitration in New Jersey. The paper also reports briefly on similar … agreeing not to hire lawyers is cheaper and does not appear to alter arbitration outcomes …

about the extent to which conventional arbitration decisions are fashioned as mechanical compromises of the parties' final … in the arbitration decisions, this evidence of mechanical compromise behavior should be viewed as characterizing the … overall operation of conventional arbitration mechanisms and not the behavior of individual arbitrators in any particular case …

The emerging empirical literature on the economics of arbitration has focused primarily on the behavior of arbitrators … under alternative forms of arbitration. This article suggests that it is natural for empirical economists to now expand … behavior are discussed: (1) the decision to settle a dispute voluntarily or to proceed to arbitration; (2) the strategy for …

This paper analyses data on union and employer rankings of different panels of arbitrators in an actual arbitration …

arbitration. We document how the selection process impacts arbitration outcomes by studying roughly 9,000 consumer arbitration … cases in the securities industry. Securities disputes present a good laboratory: arbitration is mandatory for all disputes … only if chosen; and the selection mechanism is similar to other major arbitration forums. We document three facts. First …