Related Experiment Video
Updated: Oct 22, 2025

Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods
Published on: September 19, 2012
Fuzzy Representation of Principal's Preferences in Inspire Negotiation Support System
Krzysztof Piasecki1, Ewa Roszkowska2, Tomasz Wachowicz3
1Institute of Economics and Finance, WSB University in Poznan, 60-005 Poznań, Poland.
Abstract:
We consider the negotiation problem, in which an agent negotiates on behalf of a principal. Our considerations are focused on the Inspire negotiation support system in which the principal's preferences are visualised by circles. In this way, the principal describes the importance of each negotiation issue and the relative utility of each considered option. The paper proposes how this preference information may be implemented by the agent for determining a scoring function used to support decisions throughout the negotiation process. The starting point of our considerations is a discussion regarding the visualisation of the principal's preferences. We assume here that the importance of each issue and the utility of each option increases with the size of the circle representing them. The imprecise meaning of the notion of "circle size" implies that in a considered case, the utility of an option should be evaluated by a fuzzy number. The proposed utility fuzzification is justified by a simple analysis of results obtained from the empirical prenegotiation experiment. A novel method is proposed to determine trapezoidal fuzzy numbers, which evaluates an option's utility using a series of answers given by the participants of the experiment. The utilities obtained this way are applied to determine the fuzzy scoring function for an agent. By determining such a common generalised fuzzy scoring system, our approach helps agents handle the differences in human cognitive processes associated with understanding the principal's preferences. This work is the first approach to fuzzification of the preferences in the Inspire negotiation support system.
Related Concept Videos
Decision Making: P-value Method
First, a specific claim about the population parameter is proposed. The claim is based on the research question and is stated in a simple form. Further, an opposing statement to the claim is also stated. These statements can act as null and alternative hypotheses: a null hypothesis would be a neutral statement while the alternative hypothesis can...
Principal Stresses: Problem Solving
Decision Making: Traditional Method
First, a specific claim about the population parameter is decided based on the research question and is stated in a simple form. Further, an opposing statement to this claim is also stated. These statements can act as null and alternative hypotheses, out of which a null hypothesis would be a...
Principle of Moments: Problem Solving
One such scenario involves a pole placed in a three-dimensional system with a cable attached. When a tension is applied to the cable, the moment about the z-axis passing through...
Woodward–Hoffmann Selection Rules and Microscopic Reversibility
Principle of Angular Impulse and Momentum: Problem Solving
Initially, a free-body diagram of the system is drawn to illustrate all the forces acting upon the system, providing a crucial understanding of the dynamics at play. Then, the principle of angular impulse and momentum is...

