Marselli, Riccardo; McCannon, Bryan C.; Vannini, Marco - 2014
been thought of as a substitute to pretrial bargaining and litigation, in fact, parties may be able to reach a settlement … bargaining. We develop a theoretical model of pre-arbitration bargaining that is able to identify the impact of the institutional … the composition of the panel of arbitrators allows us to illustrate its effect on bargaining. We show that the number of …