Studies in Compromise
Defining and finding the best possible compromise is an important problem in fields like game theory and the voting system.
Research has indicated that suboptimal compromises are often the result of negotiators failing to realize when they have interests that are completely compatible with those of the other party and settle for suboptimal agreements. Mutually better outcomes can often be found by careful investigation of both parties' interests, especially if done early in negotiations.
Read more about this topic: Compromise
Famous quotes containing the words studies in, studies and/or compromise:
“[B]y going to the College [William and Mary] I shall get a more universal Acquaintance, which may hereafter be serviceable to me; and I suppose I can pursue my Studies in the Greek and Latin as well there as here, and likewise learn something of the Mathematics.”
—Thomas Jefferson (1743–1826)
“Even if one studies to an old age, one will never finish learning.”
—Chinese proverb.
“It’s true Heaven forbids some pleasures, but a compromise can usually be found.”
—Molière [Jean Baptiste Poquelin] (1622–1673)