Labor relations, fairness and negotiations - Article: Negotiation Engineering: A Quantitative Problem-Solving Approach to Negotiation
3 important questions on Labor relations, fairness and negotiations - Article: Negotiation Engineering: A Quantitative Problem-Solving Approach to Negotiation
There are two approaches to negotiation:
- Mathematical: game theory
- Social science: Classic behavior theory of labor negotiations
Strengths of negotiation engineering:
+ The formal description allows a mechanism for the solution to be defined without preimposing the outcome of the negotiated agreement.
+ The technical approach can lead to de-emotionalization of the problem
Limitations of negotiation engineering:
− The formalization is always a reduction, leaving out aspects, which can be controversial for the other party.
− There are limits to areas where negotiation engineering can be applied.
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