Bargaining Power in Electronic Negotiations: A Bilateral Negotiation Mechanism

  • Authors:
  • Ricardo Buettner;Stefan Kirn

  • Affiliations:
  • Fachhochschule fuer Oekonomie & Management, University of Applied Sciences, Muenchen, Germany 80636;Information Systems II, University of Hohenheim, Stuttgart, Germany 70593

  • Venue:
  • EC-Web '08 Proceedings of the 9th international conference on E-Commerce and Web Technologies
  • Year:
  • 2008

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Abstract

Bargaining power has a major influence in negotiations. Up to now, a lot of electronic negotiation models have been developed and manifold negotiation challenges have been already addressed, but mainly related to the structure and the process of the negotiation. However, research concerning bargaining power is still inadequate represented. Thus, in order to contribute to the state of the art of electronic negotiations, this paper shows a bilateral automated negotiation mechanism that considers bargaining power.