rights to sue and be sued on the obligations of the contract. Arbitration is the creation of a contract, i.e. consent of both … parties can only be invoked by parties or signatories to the contract with an arbitration clause. However, there exists now … exceptions to the above principle of law. This study focuses on the exceptions on when a non-party to an arbitration agreement or …

We conduct an experimental analysis of signaling games using three models of arbitration. In the signaling model, the … informed party in the dispute makes a settlement demand to the uninformed party. In conventional arbitration (CA), the … arbitrator is free to impose her preferred settlement. In Final Offer Arbitration (FOA), each party submits a proposal to the …

about the extent to which conventional arbitration decisions are fashioned as mechanical compromises of the parties' final … in the arbitration decisions, this evidence of mechanical compromise behavior should be viewed as characterizing the … overall operation of conventional arbitration mechanisms and not the behavior of individual arbitrators in any particular case …

, and the mediation process. Fourth, we discuss arbitration, its benefits, and the enforcement of arbitration awards. Fifth …