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Reputational Concerns in Arbitration : Decision Bias and Information Acquisition

Iossa, Elisabetta - 2007

under which the parties to a contract choose to employ arbitration rather than litigation in court to resolve their disputes …

Persistent link: https://www.econbiz.de/10014048311

Experts and arbitration outcomes : insights from public procurement contract disputes

Detotto, Claudio; Marselli, Riccardo; McCannon, Bryan; … - 2022 - Prima edizione

Persistent link: https://www.econbiz.de/10013459205

Litigation Cost Strategies, Settlement Offers and Game Theory

Macey-Dare, Rupert - 2011

Starting with a simple economic model of the value of civil litigation from each side's perspective, this paper analyses a wide range of potential litigation cost strategies, settlement offers and negotiations, together with relevant applications and insights from game theory. Specific issues...

Persistent link: https://www.econbiz.de/10014026078

Stacked Deck : A Statistical Analysis of Forced Arbitration

Frank, Joshua M. - 2009

'Stacked Deck' is a statistical analysis of outcomes in forced arbitration, also called mandatory arbitration or … binding mandatory arbitration, that finds: 1) Individual arbitrators have a strong incentive to favor the firms that provide … arbitration far more often than consumers. 3) Companies involved in the most arbitration cases - and therefore in creating the …

Persistent link: https://www.econbiz.de/10013156959

Activist Settlements

Corum, Adrian Aycan - 2020

Recently, activist investors have been reaching settlements with boards more often than they have been challenging boards in a proxy fight. In this paper, I provide a theoretical framework to study the economics of these settlements. The activist can demand that his proposal be implemented right...

Persistent link: https://www.econbiz.de/10012853311

The impact of sleep restriction on interpersonal conflict resolution and the narcotic effect

Dickinson, David L.; McEvoy, David M.; Bruner, David - 2021

stylized bargaining task that models payoff uncertainty at impasse with a final-offer arbitration (FOA) procedure. FOA use in …

Persistent link: https://www.econbiz.de/10012588787

The end of tourist traps : a natural experiment on the impact of tripadvisor on quality upgrading

Donati, Dante - 2022

Asymmetric information can distort market outcomes. I study how the online disclosure of information affects consumers' behavior and firms' incentives to upgrade product quality in markets where information is traditionally limited. I first build a model of consumer search with firms' endogenous...

Persistent link: https://www.econbiz.de/10013285520

Information acquisition in vertical relations

Baake, Pio; Harasser, Andreas; Heiny, Friederike - 2016

We analyze a simple supply chain with one supplier, one retailer and uncertainty about market demand. Focusing on the incentives of the supplier and the retailer to enhance their private information about the actual market conditions, we show that choices on information acquisition are strategic...

Persistent link: https://www.econbiz.de/10011421833

Does digitalization increase labor market efficiency? : job search and effort on the job with asymmetric information and firm learning

Mayr-Dorn, Karin - 2019

This paper analyses the effect of firm learning on labor market efficiency in a frictional labor market with asymmetric information. I consider a model with random matching and wage bargaining a la Pissarides (1985, 2000) where worker ability is unknown to firms at the hiring stage. Firm...

Persistent link: https://www.econbiz.de/10011987895

Sweet lemons : mitigating collusion in organizations

Pollrich, Martin; Negenborn, Colin von - 2018

This paper shows that the possibility of collusion between an agent and a supervisor imposes no restrictions on the set of implementable social choice functions (SCF) and associated payoff vectors. Any SCF and any payoff profile that are implementable if the supervisor's information was public...

Persistent link: https://www.econbiz.de/10011902729