Online Dispute Resolution: A Market Design Approach. In the last five years, to contain the billions of dollars worth costs of the formal court system, several areas of Australian legislation mandated

Description

Online Dispute Resolution: A Market Design Approach. In the last five years, to contain the billions of dollars worth costs of the formal court system, several areas of Australian legislation mandated that individuals seek dispute resolution services before resorting to the machinery of formal justice. Using a state-of-the-art combination of theory and experiments, this project aims to study mediation in an analytic and tractable setting through the lens of the emerging field of market design. The goal is to develop optimal, fair and neutral mediation protocols and compare and contrast their performances with current methods in the industry. The project will provide direct benefits to society via the deployment of the first digital and not-for-profit dispute resolution platform in the world.. Scheme: Discovery Projects. Field: 3801 - Applied Economics. Lead: Prof Dr Onur Kesten