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Final Offer Arbitration in theory and practice
Author(s) -
Singh Ramsumair
Publication year - 1986
Publication title -
industrial relations journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.525
H-Index - 3
eISSN - 1468-2338
pISSN - 0019-8692
DOI - 10.1111/j.1468-2338.1986.tb00548.x
Subject(s) - arbitration , intervention (counseling) , strengths and weaknesses , compulsory arbitration , law and economics , political science , business , law , psychology , sociology , social psychology , psychiatry
This article examines the theoretical foundations of Final Offer Arbitration (FOA). The use of arbitration in Britain is compared with other types of third party intervention, and the strengths and weaknesses of FOA are critically examined and compared with conventional arbitration. It is concluded that FOA has much to commend it, both in theory and in practice, and is particularly suitable for ‘disputes of interest’.