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Investment arbitration has long been dominated by a coterie of Western “grand old men.” Is it still? In this paper, we … examine the inroads women have made, drawing on a new database of approximately 4000 individuals in investment arbitration. We … exploit the variation in appointment procedures between the roles in arbitration: arbitrator (distinguishing between …
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The aim of this paper is to provide fresh empirical evidence on the mechanisms through which wage inequality affects worker satisfaction.Theoretically, the wages of others may affect workers' utility for two main reasons: Workers may derive well-being from their social status (the comparison...
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