TY - JOUR AU - Ashenfelter,Orley AU - Bloom,David E. TI - Models of Arbitrator Behavior: Theory and Evidence JF - National Bureau of Economic Research Working Paper Series VL - No. 1149 PY - 1983 Y2 - June 1983 UR - http://www.nber.org/papers/w1149 L1 - http://www.nber.org/papers/w1149.pdf N1 - Author contact info: Orley C. Ashenfelter Industrial Relations Section Firestone Library Princeton University Princeton, NJ 08544 Tel: 609/258-4040 Fax: 609/258-2907 E-Mail: c6789@princeton.edu David E. Bloom Harvard School of Public Health Department of Global Health and Population 665 Huntington Ave. Boston, MA 02115 Tel: 617/432-0866 Fax: 617/432-6733 E-Mail: dbloom@hsph.harvard.edu AB - This paper analyzes and compares arbitrator behavior under conventional and final-offer arbitration. Simple models of arbitrator behavior are developed under each of these alternative mechanisms. These models are estimated and tested using data on the outcomes of both forms of arbitrationin New Jersey, a state in which arbitration is mandatory for unresolved pay disputes involving police officer unions and public employers. The major findings are (1) that the high proportion of union victories under final-offer arbitration were generated by a set of impartial arbitrators applying the same standards used in conventional arbitration, and (2) that union bargainers appear to be considerably more risk averse than employer bargainers, with the wage increases under final-offer arbitration having a lower mean and a lower variance than under conventional arbitration. ER -