Experts and arbitration outcomes
Insights from public procurement contract disputes
Bibliographic Data
| ID | 21358008 |
|---|---|
| Authors | Claudio Detotto (0000-0003-3801-2202, University of Corsica & CRENoS Corte France), Riccardo Marselli (University of Naples Parthenope & CRENoS & CRISEI Naples Italy, corresponding author), Bryan Mccannon (0000-0003-2433-2803, Illinois Wesleyan University), Bryan C McCannon (Illinois Wesleyan University Bloomington Illinois USA), Marco Vannini (0000-0001-9685-0736, University of Sassari & CRENoS Sassari Italy) |
| Year | 2024 |
| Volume | 77 |
| Issue | 4 |
| Pages | 922-943 |
| Publication date | 2024-11-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Kyklos (JOURNAL) |
| Journal identifiers | ISSN: 0023-5962 • E-ISSN: 1467-6435 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/kykl.12399 |
| OpenAlex | W4399703560 |
| Language | EN |
| Citations received | 1 |
| References cited | 29 |
We 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
Arbitration · Business · Compulsory arbitration · Contract management · Economics · Law and economics · Political science · Procurement · Corruption and Economic Development · Law · Law, Economics, and Judicial Systems · Marketing · Public Procurement and Policy
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| Unique citing works | 1 |
|---|---|
| Citations per year | 1 |
| Citation span | 2026 - 2026 (1) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 1 |