Please use this identifier to cite or link to this item: http://arks.princeton.edu/ark:/88435/dsp01b5644r54h
 Title: Arbitrator Behavior Authors: Ashenfelter, Orley Keywords: arbitration Issue Date: 1-Feb-1987 Citation: American Economic Review, Vol. 77, No. 2, May 1987 Series/Report no.: Working Papers (Princeton University. Industrial Relations Section) ; 219 Abstract: Arbitration systems are often used to resolve labor disputes because on-going employment relationships are likely to contain specific (human capital) investments. Recent research indicates that the ex ante acceptability of arbitration to the parties must depend, in part, on the unpredictability of the arbitrator's award. It is shown that the usual selection process for arbitrators does imply that arbitrator decisions should be statistically exchangeable (in the limit), and the evidence available to date supports this hypothesis. URI: http://arks.princeton.edu/ark:/88435/dsp01b5644r54h Related resource: http://links.jstor.org/sici?sici=0002-8282%28198705%2977%3A2%3C342%3AAB%3E2.0.CO%3B2-V Appears in Collections: IRS Working Papers

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