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We compare three common dispute resolution processes - negotiation, mediation, and arbitration - in the framework of … mediation and arbitration procedures. Both mediators and arbitrators should optimally filter information, but mediators should …. Under mediation, the parties communicate with a neutral third party who makes a non-binding recommendation. Under …
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I propose and axiomatically characterize a multi-attribute stochastic choice model that simultaneously generalizes the standard model of deterministic choice and the Luce rule. Attributes are cardinal, independent measures of desirability that are endogenously inferred from observed choices, and...
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Arbitration. As regards mediation, The Mediation Council declared several thousand mediations carried over 2014. The purpose of …
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