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This is a Quantitative Study study.

The economic feasibility of using mediation in resolving business disputes

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Analysis reveals mediation reduces costs and time in business disputes, suggesting greater efficiency than litigation.

Mediation presents a cost-effective alternative to litigation for business disputes, reducing financial and reputational losses.
The analysis highlights both direct and indirect costs associated with court proceedings, showing significant savings in mediation.
Components influencing mediation costs include mediator experience, complexity of disputes, and format of proceedings.
Success in mediation depends on mediator professionalism and participants' awareness of its benefits for dispute resolution.

Kateryna Kharkivska (2025) studied this question.

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