COMPARISON OF ARBITRATION PROCEDURES: MODELS WITH COMPLETE AND INCOMPLETE INFORMATION.

Research output: Contribution to journalConference article

Abstract

This paper develops a series of models under different assumptions with regard to (i) the information available to the arbiter about the preferences of the parties, (ii) the information available to the parties about the preferences of the arbiter and (iii) the specific approach adopted by the arbiter to resolve the issue, in order to throw some light on the effect of the arbitration recourse on bargaining. The approach followed is Bayesian and is similar to that used in the recent bargaining models developed at Harvard.

Original languageEnglish (US)
Pages (from-to)207-212
Number of pages6
JournalProceedings - International Conference on Cybernetics and Society
StatePublished - Jan 1 1980
EventProc Int Conf Cybern Soc - Cambridge, MA, Engl
Duration: Oct 8 1980Oct 10 1980

All Science Journal Classification (ASJC) codes

  • Engineering(all)

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