On the Selection of Arbitrators

S-Tier
Journal: American Economic Review
Year: 2014
Volume: 104
Issue: 11
Pages: 3434-58

Authors (3)

Geoffroy de Clippel (not in RePEc) Kfir Eliaz (not in RePEc) Brian Knight (Brown University)

Score contribution per author:

2.681 = (α=2.01 / 3 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

A key feature of arbitration is the possibility for con icting parties to participate in the selection of the arbitrator, the individual who will rule the case. We analyze this problem of the selection of arbitrators from the perspective of implementation theory. In particular, theoretical analyses document problems with veto-rank, a simultaneous procedure that is commonly used in practice, and develop a new sequential procedure, shortlisting, with better properties. Experimental results are consistent with the theoretical predictions, highlighting both the disadvantages associated with the veto-rank procedure and the advantages associated with the short-lising procedure.

Technical Details

RePEc Handle
repec:aea:aecrev:v:104:y:2014:i:11:p:3434-58
Journal Field
General
Author Count
3
Added to Database
2026-01-25