Compulsory Non-binding ADR

Nathalie Chappe ()
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Nathalie Chappe: CRESE, Université de Franche-Comté

No 2013-07, Working Papers from CRESE

Abstract: This article focuses on compulsory non-binding ADR when third parties have reputation concerns that make them dislike their decision be rejected by the adversary parties who in this event decide to insist on a court verdict. The third party is assumed to trade-off deviations from her favored decision and the possibility that her recommendation might be rejected by the parties. Given that non binding ADR takes place in the shadow of a court verdict, the third party's award might be diverted from her preferred outcome in the direction of the likely court ruling.

Keywords: litigation; non-binding; arbitration; reputation; Alternative Dispute Resolution. (search for similar items in EconPapers)
JEL-codes: K31 K41 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2013-10
New Economics Papers: this item is included in nep-law
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Persistent link: https://EconPapers.repec.org/RePEc:crb:wpaper:2013-07

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