Abstract
In this paper we analyze how some notions of Item Response Theory (IRT) may be used to analyze the process of scoring the negotiation template and building the negotiation offer scoring system. In particular we focus on evaluating and analyzing the accuracy and concordance of such scoring systems with the preferential information provided to negotiators by the represented party. In our research we use the dataset of bilateral electronic negotiations conducted by means of Inspire negotiation support system, which provides users with decision support tools for preference analysis and scoring system building based on SMART/SAW method. IRT allows us to consider how the potential accuracy of individual scoring systems can be explained by both negotiators’ intrinsic abilities to use decision support tool and understand the scoring mechanism, and the difficulty of applying this scoring mechanism.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Raiffa, H., Richardson, J., Metcalfe, D.: Negotiation Analysis: The Science and Art of Collaborative Decision Making. The Balknap Press of Harvard University Press, Cambridge (2002)
Kersten, G.E., Noronha, S.J.: WWW-based negotiation support: design, implementation, and use. Decis. Support Syst. 25(2), 135–154 (1999)
Schoop, M., Jertila, A., List, T.: Negoisst: a negotiation support system for electronic business-to-business negotiations in e-commerce. Data Knowl. Eng. 47(3), 371–401 (2003)
Raiffa, H.: Arbitration schemes for generalized two-person games. Ann. Math. Stud. 28, 361–387 (1953)
Nash, J.F.: The bargaining problem. Econometrica 18, 155–162 (1950)
Frederick, S.: Cognitive reflection and decision making. J. Econ. Perspect. 19, 25–42 (2005)
Salo, A., Hämäläinen, R.P.: Multicriteria decision analysis in group decision processes. In: Kilgour, D.M., Eden, C. (eds.) Handbook of Group Decision and Negotiation. Advances in Group Decision and Negotiation, vol. 4, pp. 269–283. Springer, Heidelberg (2010)
Wachowicz, T.: Decision support in software supported negotiations. J. Bus. Econ. 11(4), 576–597 (2010)
Mustajoki, J., Hämäläinen, R.P.: Web-HIPRE: global decision support by value tree and AHP analysis. INFOR. J. 38(3), 208–220 (2000)
Keeney, R.L., Raiffa, H.: Decisions with Multiple Objectives: Preferences and Value Trade-Offs. Wiley, New York (1976)
Churchman, C.W., Ackoff, R.L.: An approximate measure of value. J. Oper. Res. Soc. Am. 2(2), 172–187 (1954)
Edwards, W., Barron, F.H.: SMARTS and SMARTER: improved simple methods for multiattribute utility measurement. Organ. Behav. Hum. Dec. 60(3), 306–325 (1994)
Thiessen, E.M., Soberg, A.: SmartSettle described with the Montreal taxonomy. Group Decis. Negot. 12(2), 165–170 (2003)
Roszkowska, E., Wachowicz, T.: SAW-based rankings vs. intrinsic evaluations of the negotiation offers – an experimental study. In: Zaraté, P., Kersten, G.E., Hernández, J.E. (eds.) GDN 2014. LNBIP, vol. 180, pp. 176–183. Springer, Heidelberg (2014). doi:10.1007/978-3-319-07179-4_20
Vetschera, R.: Preference structures and negotiator behavior in electronic negotiations. Decis. Support Syst. 44(1), 135–146 (2007)
Roszkowska, E., Wachowicz, T.: Defining preferences and reference points – a multiple criteria decision making experiment. In: Zaraté, P., Kersten, G.E., Hernández, J.E. (eds.) GDN 2014. LNBIP, vol. 180, pp. 136–143. Springer, Heidelberg (2014). doi:10.1007/978-3-319-07179-4_15
Kersten, G.E., Roszkowska, E., Wachowicz, T.: Do the negotiators’ profiles influence an accuracy in defining the negotiation offer scoring systems. In: The 15th International Conference on Group Decision and Negotiation Letters, pp. 129–138. Warsaw School of Economics Press (2015)
Roszkowska, E., Wachowicz, T.: Inaccuracy in defining preferences by the electronic negotiation system users. In: Kamiński, B., Kersten, G.E., Szapiro, T. (eds.) GDN 2015. LNBIP, vol. 218, pp. 131–143. Springer, Heidelberg (2015). doi:10.1007/978-3-319-19515-5_11
Hambleton, R.K., Swaminathan, H.: Item Response Theory: Principles and Applications. Springer Science & Business Media, Berlin (1985)
Rasch, G.: An item analysis which takes individual differences into account. Br. J. Math. Stat. Psychol. 19(1), 49–57 (1966)
Embretsson, S., Reise, S.: Item Response Theory for Psychologists. Lawrence Erlbaum Associates, Publishers, Mahwah (2000)
Alexandrowicz, R.W.: “GANZ RASCH” a free software for categorical data analysis. Soc. Sci. Comput. Rev. 30(3), 369–379 (2012)
Acknowledgements
This research was supported by the grant from Polish National Science Centre (2015/17/B/HS4/00941).
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2017 Springer International Publishing AG
About this paper
Cite this paper
Roszkowska, E., Wachowicz, T. (2017). The Application of Item Response Theory for Analyzing the Negotiators’ Accuracy in Defining Their Preferences. In: Bajwa, D., Koeszegi, S., Vetschera, R. (eds) Group Decision and Negotiation. Theory, Empirical Evidence, and Application. GDN 2016. Lecture Notes in Business Information Processing, vol 274. Springer, Cham. https://doi.org/10.1007/978-3-319-52624-9_1
Download citation
DOI: https://doi.org/10.1007/978-3-319-52624-9_1
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-52623-2
Online ISBN: 978-3-319-52624-9
eBook Packages: Business and ManagementBusiness and Management (R0)