• Media type: E-Book
  • Title: Alternative dispute resolution : promoting accurate bargainer expectations regarding outcomes from binding dispute resolution is worth the effort
  • Contributor: Dickinson, David L. [Author]
  • Published: Bonn: Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), March 2023
  • Published in: Forschungsinstitut zur Zukunft der Arbeit: IZA world of labor ; 2023,71.v2
  • Extent: 1 Online-Ressource (circa 11 Seiten); Illustrationen
  • Language: English
  • DOI: 10.15185/izawol.71.v2
  • Identifier:
  • Keywords: dispute resolution ; arbitration ; mediation ; risk aversion ; optimism ; Graue Literatur
  • Origination:
  • Footnote: Previous version September 2014
  • Description: Alternative dispute resolution procedures such as arbitration and mediation are the most common methods for resolving wage, contract, and grievance disputes, but they lead to varying levels of success and acceptability of the outcome depending on their design. Some innovative procedures, not yet implemented in the real world, are predicted to improve on existing procedures in some ways. Controlled tests of several procedures show that the simple addition of a nonbinding stage prior to binding dispute resolution can produce the best results in terms of cost (monetary and "uncertainty" costs) and acceptability.
  • Access State: Open Access