The need is not for the creation of new analytical techniques specially designed for the negotiation process, but rather for the creative use of analytical thinking that exploits existing techniques.

Ideas are incestuous.

It's easy, of course, for two teams to collude, but somewhat more difficult for twenty-eight

Final-offer arbitration should have great appeal for the daring (the risk seekers) who play against the timid (the risk avoiders).

Advice: don't embarrass your bargaining partner by forcing him or her to make all the concessions.

It 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.

The best practical advice then is: try to maximize your expected payoff, which is the sum of all payoffs multiplied by probabilities.