Experts and arbitration outcomes: Insights from public procurement contract disputes

Author:

Detotto Claudio1ORCID,Marselli Riccardo2,McCannon Bryan C.3,Vannini Marco4

Affiliation:

1. University of Corsica & CRENoS Corte France

2. University of Naples Parthenope & CRENoS & CRISEI Naples Italy

3. Illinois Wesleyan University Bloomington Illinois USA

4. University of Sassari & CRENoS Sassari Italy

Abstract

AbstractWe explore the use of experts in arbitration proceedings by analysing public procurement contract disputes in Italy. Balancing cost with accuracy, participants to a contract select arbitration when speedy dispute resolution is valued highly. Alternative dispute resolution mechanisms tend to give appointed arbitrators discretion in how to proceed. Consequently, principal‐agent problems can arise. Using an inverse‐probability‐weighted approach, we show that the use of an expert causes a slowing down of the case resolution, without having an effect on the outcome of the dispute nor resolving uncertainty as measured by unanimous decisions by the panel of arbitrators. Conflict resolution mechanism designers should consider the alignment of incentives between the disputants and the service providers.

Publisher

Wiley

Reference44 articles.

1. Rethinking the structure of construction arbitration: A dispute systems design approach to the position of experts;Arocca J. P. L.;Harvard Negotiation Law Review,2021

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3. Bargaining and the role of expert agents: An empirical study of final‐offer arbitration;Ashenfelter O.;Review of Economics and Statistics,2012

4. To bid or not to bid: That is the question: Public procurement, project complexity and corruption

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