arbitration. We document how the selection process impacts arbitration outcomes by studying roughly 9,000 consumer arbitration … cases in the securities industry. Securities disputes present a good laboratory: arbitration is mandatory for all disputes … only if chosen; and the selection mechanism is similar to other major arbitration forums. We document three facts. First …

duration-dependence in both perceived and actual job finding. Using longitudinal data from two comprehensive surveys, we … beliefs and ex-post realizations, to disentangle heterogeneity and duration-dependence in true job finding rates while …

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 …

This note reexamines the theory of optimal public enforcement when litigation costs are incurred if the defendant is …