A Game Theoretic Approach to Conciliation-Adjudication Model
Published: 2012
Author(s) Name: Shubhabrata Basu
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Abstract
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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