Computerized third party negotiation

Computerized third party negotiation

A computerized third party where each side submits a list of issues to be addressed, and then the computer then reports the combined list to both sides. Each side then submits to the computer a value function defined on all the factors in the combined list, and also enters the minimum acceptable val...

Ausführliche Beschreibung

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Bibliographische Detailangaben
1. Verfasser: KETTELLE JOHN D
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:A computerized third party where each side submits a list of issues to be addressed, and then the computer then reports the combined list to both sides. Each side then submits to the computer a value function defined on all the factors in the combined list, and also enters the minimum acceptable value that it requires for a deal. The computer then computes the set of deals in which any payoff for one side is accompanied by the largest possible payoff for the other. It then reports to both sides whether there is room for a deal-whether there are any deals that meet each of their minimum requirements.