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Full-Text Articles in Law
The Influence Of Arbitrator Background And Representation On Arbitration Outcomes, Adam C. Pritchard, Stephen J. Choi, Jill E. Fisch
The Influence Of Arbitrator Background And Representation On Arbitration Outcomes, Adam C. Pritchard, Stephen J. Choi, Jill E. Fisch
Articles
We study the role of arbitrator background in securities arbitration. We find that several aspects of arbitrator background are correlated with arbitration outcomes. Specifically, industry experience, prior experience as a regulator, and status as a professional or retired arbitrator are correlated with statistically significant differences in arbitration awards. The impact of these characteristics is affected by whether the arbitrator in question serves as the panel chair and by whether the parties to the arbitration are represented by counsel. Our findings offer some preliminary insights into the debate over possible arbitrator bias. On the one hand, they suggest that the party …
Is The Truth In The Eyes Of The Beholder? The Perils And Benefits Of Empirical Research In International Investment, Chiara Giorgetti
Is The Truth In The Eyes Of The Beholder? The Perils And Benefits Of Empirical Research In International Investment, Chiara Giorgetti
Law Faculty Publications
Empirical research is the new hot trend in international law. An increasing number of publications include empirical data that aim at strengthening their author's argument. Indeed, empirical data are used to make an argument less fallible, as the author's conclusions are transformed from subjective to objectively proven by the empirical wrap. Professor Catherine Rogers' novel article, The Politics and Empirics of International Investment Arbitrators, highlights important limitations that empirical data may produce in international investment law research.a As such, it is a needed and important contribution to the understanding and development of this type of scholarship, and generally to the …