In this article, we show that the presence of the judiciary in the background of labour relationships is not neutral within these relations: its potential intervention in case of an ex-post layoff and conflict over the severance payment can promote ex-ante efficient specific investment...

The purpose of our paper is to generalize the model by Arnott et al. (1990a) to situations with a single origin and destination connected by two routes and to test the analytical results in an experiment with discrete time departure choices. The experimental evidence does not support the...

This paper presents the results of an experiment performed to test the properties of an innovative bargaining mechanism (called automated negotiation) used to resolve disputes arising from Internet-based transactions. Automated negotiation is an online sealed-bid process in which an automated...

Le développement très important de l'Internet et du commerce électronique s'est accompagné de l'émergence de modes électroniques de résolution des litiges. L'objectif du article est d'évaluer expérimentalement l'efficacité économique d'une procédure novatrice, la négociation...

This paper proposes a theoretical analysis of final-offer arbitration in which disputants may be represented by lawyers who can be paid by flat, contingent, or conditional fees. We derive the equilibrium lawyers' efforts to defend their clients and the equilibrium parties' proposals made to the...

La capacité des expériences en laboratoire à inspirer l'élaboration et l'évaluation des politiques publiques a été reconnue très tôt dans l'histoire de son développement (Roth, 1988). Ce n'est que très récemment, pourtant, que cette question a émergé avec force dans...

The development of the Internet and electronic commerce has resulted in the emergence of Online Dispute Resolution. The aim of the paper is to evaluate experimentally the economic performance of an innovative settlement method, called automated negotiation, which inserts the technology as a...

This paper presents the results of an experiment performed to test the properties of an innovative bargaining mechanism (called automated negotiation) used to resolve disputes arising from Internetbased transactions. Automated negotiation is an online sealed-bid process in which an automated...

Automated negotiation process seems to be a powerful mechanism to resolve disputes arising from Internet-based transactions. Automated negotiation is an online blind-bidding process in which an automated algorithm evaluates bids from the parties and settles the case if the offers are within a...