Mr. Wise's Industrial Arbitration Act
نویسندگان
چکیده
منابع مشابه
Medical Malpractice Arbitration Act: Michigan's experience with arbitration.
In the 1970's, Michigan and other states were confronted with a medical malpractice crisis of astronomical proportions. The escalating number of medical malpractice lawsuits and concomitant increase in malpractice premiums for health care providers fostered a divisive climate among doctors, lawyers and patients. In response to this crisis, the Michigan legislature enacted the Medical Malpractic...
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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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ژورنال
عنوان ژورنال: The Economic Journal
سال: 1902
ISSN: 0013-0133
DOI: 10.2307/2956895