III. Achieving Efficiency
Digging a little deeper into our bag of interest-based principles, we find that Lucy doesn’t like oranges. What she really wanted to do is bake a Christmas cake, which calls for the peels of exactly one orange. Loni, on the other hand, wanted to eat the fruit and was only going to toss the peels into the waste basket. Notice that this problem has evolved from a single issue to a two-issue problem and we can take advantage of the sisters’ extremely different preferences on each issue. |  |
The Efficiency Frontier
If only all our problems were that easy to solve! Many of us would be out of a job and we certainly wouldn’t need Smartsettle.
When all the issues are modeled as a package deal, real problems have an efficiency frontier, which is the boundary between feasible and infeasible solutions. Very rarely can you get 100% for each party, but you can almost always get more than 50/50. SmartSettle's objective is to find a fair solution on this efficiency frontier. |
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Last Updated ( Monday, 18 February 2008 11:28 )
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