Brams, Steven J.; Samuel Merrill, III - In: Management Science 32 (1986) 10, pp. 1346-1355
A new procedure is proposed for settling disputes which combines binding arbitration (BA) and final-offer arbitration (FOA). Unlike either of the two pure procedures, combined arbitration (CA) induces the two parties to converge in making their final offers. Under BA, the arbitrator's settlement...