Mediation, arbitration and negotiation

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Mediation, arbitration and negotiation

We compare three common dispute resolution processes — negotiation, mediation, and arbitration — in the framework of Crawford and Sobel (1982). Under negotiation, the two parties engage in (possibly arbitrarily long) face-to-face cheap talk. Under mediation, the parties communicate with a neutral third party who makes a non-binding recommendation. Under arbitration, the two parties commit to co...

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Mediation, Arbitration and Negotiation By

We compare three common dispute resolution processes – negotiation, mediation, and arbitration – in the framework of Crawford and Sobel [V. Crawford, J. Sobel, Strategic information transmission, Econometrica 50 (6) (1982) 1431–1451]. Under negotiation, the two parties engage in (possibly arbitrarily long) face-to-face cheap talk. Under mediation, the parties communicate with a neutral third pa...

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Negotiation and Mediation

INTRODUCTION ..................................................................................... 532 Other Procedures for Dealing with Opposing Preferences ............................... 532 THE STUDY OF NEGOTIATION ................................................................ 533 ISSUES, LIMITS, AND OUTCOMES IN NEGOTIATION ................................. 535 The Nature of Issues .........

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Ten Suggestions For Negotiation In Employment Mediation

increases, more parties are turning to mediation to settle their wrongful termination, discrimination, and non-compete disputes. Why? Because mediation saves the parties significant litigation costs, including attorneys’ fees, court expenses, and lost business opportunities due to time spent in litigation. It also offers a confidential resolution (versus the possibility of a published court or ...

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Hierarchical clustering and linguistic mediation rules for multiagent negotiation

We propose a framework based on Hierarchical Clustering (HC) to perform multiagent negotiations where we can specify the type of agreements needed in terms of utility sharing among the agents.The proposed multi-round mediation process is based on the analysis of the agents’ offers at each negotiation round and the generation of a social contract at each round as a feedback to the agents, which ...

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ژورنال

عنوان ژورنال: Journal of Economic Theory

سال: 2009

ISSN: 0022-0531

DOI: 10.1016/j.jet.2008.08.010