Deck, Cary; Farmer, Amy; Zeng, Dao-Zhi - In: Experimental Economics 10 (2007) 4, pp. 439-454
Arbitration is increasingly employed to resolve disputes. Two arbitration mechanisms, conventional arbitration (CA) and final-offer arbitration (FOA) are commonly utilized, but previous theoretical and empirical research has found that they are unsatisfactory. Several alternative mechanisms have...