2021
DOI: 10.1111/1756-2171.12374
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Managing a conflict: optimal alternative dispute resolution

Abstract: We study optimal methods for Alternative Dispute Resolution (ADR), a technique to achieve settlement and avoid costly adversarial hearings. Participation is voluntary. Disputants are privately informed about their marginal cost of evidence provision. If ADR fails to engender settlement, the disputants can use the information obtained during ADR to determine what evidence to provide in an adversarial hearing. Optimal ADR induces an asymmetric information structure but makes the learning report‐independent. It i… Show more

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Cited by 12 publications
(5 citation statements)
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“…The area of perceived benefits has been the subject of numerous studies, (Schneider, 2021) focused on the impact of viewed importance on the use of the ADR mechanism, a finding that may be explained by the lack of research on the determinants influencing Trade Unions in Kenya to adopt ADR mechanism. However, when examining other literature on change and adoption, viewed advantages have a significant influence on whether a mechanism, approach, or innovation is adopted (Mucheru, 2019).…”
Section: Introductionmentioning
confidence: 99%
“…The area of perceived benefits has been the subject of numerous studies, (Schneider, 2021) focused on the impact of viewed importance on the use of the ADR mechanism, a finding that may be explained by the lack of research on the determinants influencing Trade Unions in Kenya to adopt ADR mechanism. However, when examining other literature on change and adoption, viewed advantages have a significant influence on whether a mechanism, approach, or innovation is adopted (Mucheru, 2019).…”
Section: Introductionmentioning
confidence: 99%
“…Due to the increasing practice of dispute resolution, every individual has the right to find out and pay more attention to dispute resolution through scientific journals [7]. Third, dispute resolution has tremendous benefits, such as reducing hostility among the community and preventing mutual reports and beatings between individuals [8].…”
Section: Introductionmentioning
confidence: 99%
“…Binding arbitration of disputes among partners is one of the most prominent forms of alternative dispute resolution (ADR)-a variety of dispute-resolution services providing an alternative to traditional litigation. 1 Over the past few decades, ADR has become an integral part of the legal system in many countries, and providing ADR services is a large industry (see, e.g., Balzer and Schneider, 2021).…”
Section: Introductionmentioning
confidence: 99%
“…In a recent work, Van Essen and Wooders (2016) study a dynamic auction for efficiently dissolving a partnership. 10 Beyond the application of arbitration to the resolution of partnership disputes that may result in dissolution, Balzer and Schneider (2021) use a mechanism-design approach to study various ADR methods in general. They identify the methods that yield the highest early settlement rates between a plaintiff and a defendant.…”
Section: Introductionmentioning
confidence: 99%
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