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

Kalyan Chatterjee

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

Economics

Research output: Contribution to journal › Conference article › peer-review

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 language	English (US)
Pages (from-to)	207-212
Number of pages	6
Journal	Proceedings - International Conference on Cybernetics and Society
State	Published - Jan 1 1980
Event	Proc Int Conf Cybern Soc - Cambridge, MA, Engl Duration: Oct 8 1980 → Oct 10 1980

All Science Journal Classification (ASJC) codes

General Engineering

Cite this

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AB - 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.

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

Abstract

All Science Journal Classification (ASJC) codes

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