The best practical advice then is: try to maximize your expected payoff, which is the sum of all payoffs multiplied by probabilities.
A mediator is an impartial outsider who tries to aid the negotiators in their quest to find a compromise agreement.
Ideas are incestuous.
The party that negotiates in haste is often at a disadvantage.
Disputants often fare poorly when they each act greedily and deceptively.
There is no shortage of disputes.