Marselli, R.; Vannini, M.; McCannon, BC. - Centro Ricerche Nord Sud (CRENoS) - 2013
Arbitration, as an alternative to litigation for contract disputes, reduces costs and time. While it has frequently … privately while engaged in the arbitration process. Consequently, the institutional design of the arbitration may influence the … bargaining. We develop a theoretical model of pre-arbitration bargaining that is able to identify the impact of the institutional …