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Alternative dispute resolution procedures such as arbitration and mediation are the most common methods for resolving …
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This paper deals with the effects that intermediation has on strategic behaviour in negotiations. To this end, we use the tools of game theory to analyse how different institutional settings can provide specific strategic incentives and thereby condition the outcome of negotiations. We...
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We develop screening models of final offer arbitration (FOA) in which the uninformed party makes a demand to the … analyze costly discovery. Our results are compared to conventional arbitration (CA) which may viewed as a litigation model …
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