Economics Research Institute Study Paper
Utah State University Department of Economics
This article opens up mediation to systematic economic analysis by considering mediators as analogous.to the Walrasian auctioneers of exchange theory. By altering trade-off rates among bargaining issues, mediators facilitate a process leading towards Pareto efficient voluntary settlements.
Dickenson, David L., "Mediators as Walrasian Auctioneers" (2004). Economic Research Institute Study Papers. Paper 277.