Showing 1 - 10 of 28
Persistent link: https://www.econbiz.de/10010948661
This paper presents a model of litigation in the context of a labor contract. The main objective of our analysis is to determine whether and under which conditions it is efficient that the judiciary arbiters a labor conflict and how the judge's decision should be made in order to be optimal. We...
Persistent link: https://www.econbiz.de/10005385243
Nous présentons les principaux résultats obtenus à partir des premières applications de la méthode expérimentale à l'analyse économique du droit. Nous commençons par recenser les travaux qui évaluent la pertinence empirique du monde sans friction décrit par le théorème de Coase,...
Persistent link: https://www.econbiz.de/10009353877
This paper presents an experiment performed to test the properties of an innovativebargaining mechanism (called automated negotiation) used to resolve disputes arising fromInternet-based transactions. The main result shows that the settlement rule tends to chillbargaining as it creates...
Persistent link: https://www.econbiz.de/10010750512
When two parties are embedded in a dispute, they generally have the possibility to bargain before an external solution is imposed to them, notably through alternative dispute resolution. This bargaining phase may either result from a choice of disputants to negotiate or be imposed by laws or...
Persistent link: https://www.econbiz.de/10010863208
This paper presents the results of an experiment performed to test the properties of an innovative bargaining mechanism (called automated negotiation) used to resolve disputes arising from Internet-based transactions. Automated negotiation is an online sealed-bid process in which an automated...
Persistent link: https://www.econbiz.de/10005112727
Persistent link: https://www.econbiz.de/10005809136
In this article, we show that the presence of the judiciary in the background of labour relationships is not neutral within these relations: its potential intervention in case of an ex-post layoff and conflict over the severance payment can promote ex-ante efficient specific investment...
Persistent link: https://www.econbiz.de/10008522716
Automated negotiation process seems to be a powerful mechanism to resolve disputes arising from Internet-based transactions. Automated negotiation is an online blind-bidding process in which an automated algorithm evaluates bids from the parties and settles the case if the offers are within a...
Persistent link: https://www.econbiz.de/10005056871
The purpose of our paper is to generalize the model by Arnott et al. (1990a) to situations with a single origin and destination connected by two routes and to test the analytical results in an experiment with discrete time departure choices. The experimental evidence does not support the...
Persistent link: https://www.econbiz.de/10005685437