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单词 pendulum arbitration
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pendulum arbitration
pendulum arbitration n. originally and chiefly British (esp. in industrial relations) a system of arbitration in which the arbitrator must decide between one of two solutions (each presented by one of the parties in dispute) rather than attempt to devise a compromise.
ΚΠ
1983 Listener 30 June 4/1 A new way of settling disputes, known as pendulum arbitration, with the arbitrator resisting the usual fudge and deciding instead for one side or the other.
1997 Jrnl. Econ. Perspectives 11 130 Final offer arbitration, also known as pendulum arbitration or the baseball rule, is a dispute resolution mechanism that limits the parties' posturing incentives.
extracted from pendulumn.
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