A series of experiments compares bargaining behavior under three different settings: no arbitration, conventional and … final offer arbitration. Under no arbitration disputes with zero payoffs were around 10%, while the pie was equally split in … less than half of the cases. Under conventional arbitration - where the arbitrator is free in choosing his award - every …

arbitration, conventional and final offer arbitration. Under no arbitration disputes with zero payoffs were around 10%, while the … pie was equally split in less than half of the cases. Under conventional arbitration - where the arbitrator is free in … offer arbitration - where the arbitrator has to award to the bargainers either one of their final offers - there was only a …