Final-offer arbitration should have great appeal for the daring (the risk seekers) who play against the timid (the risk avoiders).
Howard RaiffaIt's easy, of course, for two teams to collude, but somewhat more difficult for twenty-eight
Howard RaiffaIt is always amazing to see how wide a spectrum of results can be obtained from replicating an identical negotiation with different principal actors; it makes no difference whether there subjects are inexperienced or whether they are senior executives and young presidents of business firms. That is an important lesson to be learned here.
Howard RaiffaA mediator is an impartial outsider who tries to aid the negotiators in their quest to find a compromise agreement.
Howard Raiffa