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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/10013308630
of wage settlements negotiated without arbitration using a panel of contracts between teachers and school boards in the …
Persistent link: https://www.econbiz.de/10014074310
Sales agents are impatient relative to owners. If a good fails to sell, the owner still retains possession of that good and can enjoy its services, whereas the agent receives nothing. As a consequence, sales agents prefer a lower price than does an owner. Owners are therefore reluctant to...
Persistent link: https://www.econbiz.de/10013046598
With fast-track authority (FTA), the US Congress delegates trade-policy authority to the President by committing not to amend a trade agreement. We suggest an interpretation in which Congress uses FTA to forestall destructive competition between its members for protectionist rents. We show that...
Persistent link: https://www.econbiz.de/10013111298
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 …
Persistent link: https://www.econbiz.de/10013086298
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/10013245317
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/10013224676
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/10013224877
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/10013232440
I study a many-to-many, two-sided, transferable-utility matching game. Consider data on matches or relationships between agents but not on the choice set of each agent. I investigate what economic parameters can be learned from data on equilibrium matches and agent characteristics. Features of a...
Persistent link: https://www.econbiz.de/10013152436