Title :
How to select fair improving directions in a negotiation model over continuous issues
Author :
Ehtamo, Harri ; Verkama, Markku ; Hamalainen, Raimo P.
Author_Institution :
Syst. Anal. Lab., Helsinki Univ. of Technol., Espoo, Finland
Abstract :
We present a new constructive approach for finding Pareto optimal agreements in two-party negotiations over continuous issues. The procedure results in Pareto optimal agreements under fairly general assumptions, and it uses a mediator, e.g. a person or software, who assists the decision makers in choosing jointly beneficial compromises. The procedure has the appealing feature that the decision makers are only required to answer relatively simple questions, and that their individual utility functions need not be identified completely
Keywords :
distributed decision making; mathematical analysis; negotiation support systems; optimisation; Pareto optimal agreements; constructive approach; continuous issues; decision makers; decision support system; fair improving direction selection; general assumptions; mathematical analysis; mediator; negotiation model; two-party negotiations; utility functions; Convergence; Costs; Decision making; Mathematical analysis; Mechanical factors; Proposals; Resource management; Search methods; Testing;
Conference_Titel :
Systems, Man, and Cybernetics, 1997. Computational Cybernetics and Simulation., 1997 IEEE International Conference on
Conference_Location :
Orlando, FL
Print_ISBN :
0-7803-4053-1
DOI :
10.1109/ICSMC.1997.633188