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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 …
Persistent link: https://www.econbiz.de/10012477235
of wage settlements negotiated without arbitration using a panel of contracts between teachers and school boards in the …
Persistent link: https://www.econbiz.de/10012475176
We find consistent evidence of negative autocorrelation in decision-making that is unrelated to the merits of the cases considered in three separate high-stakes field settings: refugee asylum court decisions, loan application reviews, and major league baseball umpire pitch calls. The evidence is...
Persistent link: https://www.econbiz.de/10012026883
Recent research on the economics of patents is surveyed. The topics covered include theoretical and empirical evidence on patents as an incentive for innovation, the effectiveness of patents for invention disclosure, patent valuation, and what we know about the design of patent systems. We also...
Persistent link: https://www.econbiz.de/10012460887
In this paper we provide an empirical evaluation of the effect that the provision of an arbitration statute has on the … wage levels of police officers. We analyze the effect of arbitration on wages by comparing wage levels across political … sets are remarkably consistent and provide no robust evidence that the presence of arbitration statues has a consistent …
Persistent link: https://www.econbiz.de/10012471490
We test for the presence of an addictive effect of arbitration (positive state dependence) using data both from a … view that use of arbitration per se leads to state dependence either through reducing uncertainty about the arbitral … explanation for any positive state dependence we find in the British Columbia field data must lie in an aspect of the arbitration …
Persistent link: https://www.econbiz.de/10012475029
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 …
Persistent link: https://www.econbiz.de/10012476717
Congress may soon restrict joint and several liability for cleanup of contaminated sites under Superfund. We explore whether this change would discourage settlements and is therefore likely to increase the program's already high litigation costs. Recent theoretical research by Kornhauser and...
Persistent link: https://www.econbiz.de/10012471702
The goal of this paper is to explore the possibility that the costs and benefits of legal representation are structured so that each individual party seeks legal representation in the hope of exploiting the other party, while knowing full well that failing to do so will open up the possibility...
Persistent link: https://www.econbiz.de/10012474499
In this study we examine the experience of a single large hospital with an informal pre-litigation "complaint" process that resolves some cases outside of the legal system. The empirical results are generally consistent with an information structure where patients are poorly informed about the...
Persistent link: https://www.econbiz.de/10012474585