Game Theory and The Law: The Arbitration System

TitleGame Theory and The Law: The Arbitration System
Publication TypeUnpublished
Year of Publication1985
AuthorsFlores, G
Date PublishedJanuary
Abstract

The paper refers to a game-theoretic analysis of the nature of legal arbitration, and the effects of prior negotiation. Also, it promotes the use of final-offer arbitration in labor disputes and in the event of an strike.

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