全球智库信息集成服务系统(G2TT): An Experimental Comparison of Dispute Rates in Alternative Arbitration Systems

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w3417
来源ID	Working Paper 3417
	An Experimental Comparison of Dispute Rates in Alternative Arbitration Systems
	Orley Ashenfelter; Janet Currie; Henry S. Farber; Matthew Spiegel
发表日期	1990-08-01
出版年	1990
语种	英语
摘要	This paper reports the results of a systematic experimental comparison of the effect of alternative arbitration systems on dispute rates. The key to our experimental design is the use of a common underlying distribution of arbitrator "fair" awards in the different arbitration systems. This allows us to compare dispute rates across different arbitration procedures where we hold fixed the amount of objective underlying uncertainty about the arbitration awards. There are three main findings. First, dispute rates are inversely related to the monetary costs of disputes. Dispute rates were much lower in cases where arbitration was not available so that the entire pie was lost in the event of dispute. Second, contrary to conventional wisdom, the dispute rate in a final-offer arbitration system is at least as high as the dispute rate in comparable conventional arbitration system. Third, dispute rates are inversely related to the uncertainty costs of disputes. Dispute rates were lower in conventional arbitration treatments where the variance of the arbitration award was higher and imposed greater costs on risk-averse negotiators. Our results can also be interpreted as providing tentative evidence that the negotiators were risk-averse on average.
URL	https://www.nber.org/papers/w3417
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/560708
推荐引用方式 GB/T 7714	Orley Ashenfelter,Janet Currie,Henry S. Farber,et al. An Experimental Comparison of Dispute Rates in Alternative Arbitration Systems. 1990.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
w3417.pdf（302KB）	智库出版物		限制开放	CC BY-NC-SA	浏览