Marselli, Riccardo; McCannon, Bryan C.; Vannini, Marco - 2014
bargaining. We develop a theoretical model of pre-arbitration bargaining that is able to identify the impact of the institutional …Arbitration, as an alternative to litigation for contract disputes, reduces costs and time. While it has frequently … been thought of as a substitute to pretrial bargaining and litigation, in fact, parties may be able to reach a settlement …