Howard Raiffa quotes:

+1
Share
Pin
Like
Send
Share
  • the mediation of internal conflicts can be resolved by linkages with other problems.

  • Game theory, however, deals only with the way in which ultrasmart, all knowing people should behave in competitive situations, and has little to say to Mr. X as he confronts the morass of his problem.

  • Ideas are incestuous.

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

  • A final word of advice: don't gloat about how well you have done.

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

  • A lot depends on the starting point.

  • A mediator is an impartial outsider who tries to aid the negotiators in their quest to find a compromise agreement.

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

  • Disputants often fare poorly when they each act greedily and deceptively.

  • 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.

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

  • Most people, even in simple risky situations, don't behave the way the theory of utility would have them behave.

  • The art of compromise centers on the willingness to give up something in order to get something else in return. Successful artists get more than they give up.

  • 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.

  • The party that negotiates in haste is often at a disadvantage.

  • There is no shortage of disputes.

  • We act like a zero-sum society, when in reality there is a lot of non zero-sum fat to be skimmed off to everyone's mutual advantage.

+1
Share
Pin
Like
Send
Share