Deck, Cary A.; Farmer, Amy; Zeng, Dao-Zhi - 2005
Arbitration is frequently utilized to settle disputes. Much research has focused on the properties of final …-offer arbitration (FOA) relative to conventional arbitration. Both mechanisms should encourage settlement in standard environments, but … previous empirical work finds that impasses remain common. A modification of FOA, amended final-offer arbitration (AFOA), has …