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Basu, Shubhabrata
- A Game Theoretic Approach to Conciliation-Adjudication Model
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1 Strategic Management Area, Indian Institute of Management–Indore
1 Strategic Management Area, Indian Institute of Management–Indore
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 47, No 3 (2012), Pagination: 423-435Abstract
This paper revisits the effectiveness of the conciliation mechanism used to resolve industrial disputes in India. The conciliation mechanism in its current form is replete with delays and is generally ineffective in resolving disputes. This often results in the reference of the disputes to adjudication, which is, even more time consuming. The aggregate delay in justice is akin to the same being denied. This raises questions on the effectiveness of conciliation mechanism and its relevance at the broader policy level. This paper considered a combination of the conciliation and adjudication and proposed a model using game theoretic approach for the more efficient disposal of industrial disputes.
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