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 …

of wage settlements negotiated without arbitration using a panel of contracts between teachers and school boards in the …

This paper examines the sharing of risk under three different remedies for breach of contract. The risk considered …. By means of a numerical example, it is shown that use of the prevailing remedy for breach of contract -- the expectation …

controlling the contract price is preferable, as that policy can reduce the problems of holdup but still allow contracts to be …

the heterogeneity of the effect of entry, contract enforcement regulation, and financial development on both the decision … businesses in countries with higher levels of entry and contract enforcement regulation …

Regulation of economic activity is ubiquitous around the world, yet standard theories predict it should be rather … information, as by the failure of courts to solve contract and tort disputes cheaply, predictably, and impartially. The approach …