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This paper empirically examines the widespread belief that voluntarily negotiated agreements produce better long-run relationships than third-party imposed settlements, such as arbitrator decisions or court judgments. Two key outcomes are analyzed - subsequent player performance and the...
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individual arbitration. This paper explores the tension between the pro-arbitration stance of the Supreme Court and the pro …-employee stance of the National Labor Relations Board. The NLRB maintains that individual arbitration agreements violate Section 7 of … conflicts with the text of the Federal Arbitration Act, which requires courts to enforce arbitration agreements according to …
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Arbitration, as an alternative to litigation for contract disputes, reduces costs and time. While it has frequently … privately while engaged in the arbitration process. Consequently, the institutional design of the arbitration may influence the … bargaining. We develop a theoretical model of pre-arbitration bargaining that is able to identify the impact of the institutional …
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