Asked by Tycen Martin on Jul 01, 2024
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The uncertainty of what the arbitrator will choose and the loss of control by the negotiators over settlement terms motivate negotiators to reach their own negotiated agreement without resorting to arbitration. This is known as the _______________________________ effect.
Arbitrator Uncertainty
Arbitrator uncertainty involves the unpredictable outcomes or decisions that an arbitrator may make in resolving disputes, due to the discretionary power they possess.
Negotiated Agreement
A contract or settlement reached through discussion and compromise between two or more parties, often in a labor context.
- Comprehend the idea of arbitration and its diverse types in the resolution of labor conflicts.
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Learning Objectives
- Comprehend the idea of arbitration and its diverse types in the resolution of labor conflicts.
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