Arbitration and Mediation: An Economic Perspective

Paola Manzini and Marco Mariotti

No 528, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This paper deals with the effects that intermediation has on strategic behaviour in negotiations. To this end, we use the tools of game theory to analyse how different institutional settings can provide specific strategic incentives and thereby condition the outcome of negotiations. We concentrate on some very recent contributions which have addressed gaps in this literature and stress the economic institution behind some predicted behaviours.

Keywords: bargaining; arbitration; mediation (search for similar items in EconPapers)
JEL-codes: J52 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2002-07
New Economics Papers: this item is included in nep-cdm
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Published - published in: European Business Organization Law Review, 2002, 3 (3), 623-642

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