Excerpt from Arbitrator Decision Making: When Are Final Offers Important? This research was supported by National Science Foundation under grants No. Ses-8207703 and No. Bss-8107331. Farber was also supported by the Sloan Foundation as an Alfred P. Sloan Research Fellow. The authors would like to thank Harry Katz and participants in a workshop at Princeton University for helpful comments.
Max H. Bazerman is the Jesse Isidor Straus Professor of Business Administration at the Harvard Business School and the Co-Director of the Center for Public Leadership at the Harvard Kennedy School. Max's research focuses on decision making, negotiation, and ethics. He is the author, co-author, or co-editor of twenty books and over 200 research articles and chapters. His latest book, The Power of Noticing: What the Best Leader See, is now available from Simon and Schuster.