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We develop a signaling model of final offer arbitration (FOA) in which the informed party makes the final settlement demand to the uninformed party. In FOA, each party submits a proposal to an arbitrator and if no agreement is reached, the arbitrator must select one of the two submitted...
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We develop screening models of final offer arbitration (FOA) in which the uninformed party makes a demand to the informed party. We consider models in which settlement occurs before and after the submission of binding offers, and in each we analyze costly discovery. Our results are compared to...
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Previous work on domestic violence has focused on the woman's threat point to leave violent relationships, and the impact of variables such as income on this threat point. She has a credible threat to leave if her utility outside the relationship is at least as great as that achieved by staying....
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