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On the Selection of Arbitrators

Author

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  • Eliaz, Kfir
  • de Clippel, Geoffroy
  • Kinght, Brian

Abstract

A key issue in arbitration, which resolves disputes among parties, involves the procedure for selecting an arbitrator. We take an implementation-theoretic approach and provide theoretical, empirical and experimental analyses of this problem. Our findings highlight the problems with current procedures and suggest that alternative procedures, which we propose, may be superior.

Suggested Citation

  • Eliaz, Kfir & de Clippel, Geoffroy & Kinght, Brian, 2011. "On the Selection of Arbitrators," CEPR Discussion Papers 8724, C.E.P.R. Discussion Papers.
    • Handle: RePEc:cpr:ceprdp:8724
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    More about this item

    Keywords

    Arbitration; Implementation;

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
    • D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact

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