Mediating a bilateral multi-issue negotiation

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In decision-making, people rely on random selection processes, such as flipping a coin, to make decisions that involve so much uncertainty that they cannot be made rationally. In bilateral multi-issue negotiations, given even bargaining power and two-sided uncertainty, negotiators are frequently faced with difficult decisions that cannot be made using a rational strategy or even by flipping a coin. A deadlock, in which both negotiators refuse to act upon incomplete information, while simultaneously refusing to disclose more information, may arise; then, mediation is required. This paper proposes a mediation protocol that is based on the single negotiation text (SNT) device suggested by Roger Fisher. This protocol provides a deal-construction game to be played by both protagonists, not only ensuring a rational strategy but also producing better outcomes than would be achieved by flipping a coin.

论文关键词:Multi-issue negotiation,Game theory,Software agents

论文评审过程:Received 25 March 2003, Revised 14 February 2004, Accepted 19 February 2004, Available online 9 March 2004.

论文官网地址:https://doi.org/10.1016/j.elerap.2004.02.002