Economic Analysis of the Arbitrator’s Function is a pioneering book that provides a systematized in-depth study of the functioning of the market for arbitrators, comprising a comprehensive analysis of its elements, elasticity, efficiency, imperfections and competition matters. The growing demand for arbitration in the market solicits a proportional supply of efficient and rational functioning by the arbitrators. This perceptive book sheds light on the arbitrators’ strategic behavior, motivations and psychological work on bounded rationality, with respective economic analysis.

Introduction

PART I - The Market for Arbitrators

CHAPTER 1 The Market for Arbitrator’s Formation and Its Critics -- CHAPTER 2 Identifying the Market for Arbitrators -- CHAPTER 3 The Impossibility of Verifying Equilibrium in the Market for Arbitrators -- CHAPTER 4 The Imperfections of the Market for Arbitrators

PART II The Arbitrator: An Economic Actor

CHAPTER 5 The Rational Decision-Maker Arbitrator: Unveiling the Arbitrator’s Utility Function -- CHAPTER 6 Arbitrators’ Strategic Behavior: The Rational Choice Theory at Stake -- CHAPTER 7 The Limitation of the Rationality of Arbitrators -- CHAPTER 8 Freeing the Arbitrator from Limited Rationality: Some Proposed Solutions

General Conclusion

Appendices

APPENDIX 1
Questionnaire for Experienced Arbitrators: Interviews

APPENDIX 2
Prospective Arbitrators Survey