What Are the Challenges of Arbitration in Catalysis?
Despite its benefits, arbitration in catalysis can present certain challenges, such as:
Enforcement: While the arbitrator's decision is binding, enforcing it can sometimes be difficult if one party refuses to comply. Costs: Although generally cost-effective, arbitration can still be expensive, particularly if the process is prolonged. Limited Appeal: There is usually no right to appeal an arbitrator's decision, which can be a disadvantage if the decision is perceived as unfair.
