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Arbitration

Arbitration

Author: Julie Tietz
Description:

At the end of this tutorial, the learner will understand that arbitration is one of many conflict resolution methods, with a number of variants

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Tutorial
TERMS TO KNOW
  • Arbitration

    A conflict resolution process in which a neutral party decides the outcome of a dispute between two or more parties.

  • Arbiter

    The conflict resolver involved in an arbitration.

  • Arbitration Tribunal

    A group of arbiters working together in an arbitration.

  • Award

    The decision of an arbiter or arbitration tribunal in an arbitration.