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arbitration of any claims against the employer, removing their ability to bring class and collective actions. These unilaterally … imposed arbitration agreements deprive employees of any voice in this important term of employment. If arbitration is to serve … use arbitration to negotiate the terms of the agreement with a representative of their affected employees. Such a …
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review, though the rate of usage of peer review procedures was under half that for grievance-arbitration procedures in …
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This paper analyzes delegation and joint decision making in an environment with private information and partially aligned preferences. We compare the benefits of these two decision making procedures as well as the interaction between them. We give a condition under which delegation is preferred...
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In many contracting settings, actions costly to one party but with no direct benefits to the other (money-burning) may be part of the explicit or implicit contract. A leading example is bureaucratic procedures in an employer-employee relationship. We study a model of delegation with an informed...
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