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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 …
Persistent link: https://www.econbiz.de/10013308630
The great majority of international contracts provides that any disputes which may arise will be decided by arbitration …. Legal scholars argue that international arbitration is leading to the development of legal doctrine attuned to the needs of … business and independent of national laws. This paper studies international arbitration as a beautiful example of the role of …
Persistent link: https://www.econbiz.de/10013232160
in wage disputes that were settled by final-offer arbitration in New Jersey. The paper also reports briefly on similar … agreeing not to hire lawyers is cheaper and does not appear to alter arbitration outcomes …
Persistent link: https://www.econbiz.de/10013086298
-stakes environment. For most others, improved coordination implies a drastic decline in monetary winnings. Prior to playing the social …
Persistent link: https://www.econbiz.de/10013232880
Global games of regime change -- that is, coordination games of incomplete information in which a status quo is …
Persistent link: https://www.econbiz.de/10013216888
participants play a coordination game with information heterogeneity. We consider defense policies against speculative currency …
Persistent link: https://www.econbiz.de/10013213054
Coordination is central to social interactions. Theory and conventional lab experiments suggest that cheap talk …/communication can enhance coordination under certain conditions. Two aspects that remain underexplored are (1) the interaction between … both of these by studying a typical naturally-occurring setting that requires coordination; that is, one where members of …
Persistent link: https://www.econbiz.de/10012840413
When is it possible for one person to persuade another to change her action? We take a mechanism design approach to this question. Taking preferences and initial beliefs as given, we introduce the notion of a persuasion mechanism: a game between Sender and Receiver defined by an information...
Persistent link: https://www.econbiz.de/10013153918
We study symmetric information games where a number of senders choose what information to communicate. We show that the impact of competition on information revelation is ambiguous in general. We identify a condition on the information environment (i.e., the set of signals available to each...
Persistent link: https://www.econbiz.de/10013120282
: being targeted with expenditure before the election may reflect opportunistic manipulation, but may also reflect a sincere … responsiveness of these voters to electoral manipulation depends on whether they face some degree of uncertainty about the electoral …
Persistent link: https://www.econbiz.de/10012780222