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| Author: | Reuck, J. De Klass, D. Schmidenberg, O. |
| Title: | Arbitrage possibilities in conflict situations |
| Journal: | Group Decision and Negotiation
2004 : SEP, VOL. 13:5, p. 437-448 |
| Index terms: | Arbitrage Conflict Decision making Models |
| Language: | eng |
| Abstract: | This paper argues for a new theoretical methodology that delivers 'best bet' decision outcomes in contexts where issues are contested. Governed by the procedural parameters of such a Generalised Decision Assurance Methodology (or GDAM), a multi-criteria decision modelling (or MCDM) approach is proposed, allowing for the identification of arbitrage possibilities that emerge at the interface btw. conflicting sets of interests. Such possibilities are then exploited to secure a solution set that is maximally justifiable to both parties. |
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