Synopsis By: Lurie - Proceeding Author: Walter J. Gershenfeld

Professor Gershenfeld’s observations about interest arbitration. He examines the criteria for making monetary decisions, scope problems in the non-monetary areas, the “coercive comparison,” and the role of “public interest” factors (e.g., the effect of a settlement in one part of an organization on other upcoming bargains in the same organization). The “arb-med tool” is discussed.