Final-Offer Arbitration

In final-offer arbitration the two parties to a dispute submit final offers to an arbitrator. The arbitrator then chooses as the binding solution that offer which is closest to his own view of the appropriate outcome. Because the disputants are imperfectly informed about the arbitrator's prefer...

Ausführliche Beschreibung

Bibliographische Detailangaben
Veröffentlicht in:Management Science. - Institute for Operations Research and the Management Sciences, 1954. - 32(1986), 12, Seite 1551-1561
1. Verfasser: Wittman, Donald (VerfasserIn)
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 1986
Zugriff auf das übergeordnete Werk:Management Science
Schlagworte:Arbitration Game Theory Law Economics Mathematics