Final-offer Arbitration about Post-sale Compensation
In daily life,there are frequently some disputes about post-sale compensation in commodity consumption.These disputes are usually very time-consuming,and often caused lower efficiency.Consumer and dealer are often at an impasse.This paper introduces a solution by appointing an arbitrator.The arbitrator determines the facts and then selects an offer from the sealed final offers that two parties submitted,and the selected final-offer becomes binding on both sides.Assume that the arbitrator after determining facts has some ideal value in mind,and suppose that in terms of one linear scale,the arbitrator selects the offer that is closer to his ideal.We discuss three special cases of this situation and analyze some of the strategic aspects final-offer arbitration.
final-offer arbitration negotiation nash equilibrium optimum
Linlan Zhang Xueguang Chen Qing Liu
Institute of Systems EngineeringHuazhong University of Sci-TechWuhan,China Research and Development Division Wuhan Promotion Center of Sci-Tech Development Wuhan,China
国际会议
北京
英文
2008-10-12（万方平台首次上网日期，不代表论文的发表时间）