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Advantages and Disadvantages of Negotiating over the Internet |
Research
Studies
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Summary of MIT Sloan Student Participants of the Carleton University
Cyber-Negotiations
Compiled by Angela Liao and Nils
Olaya Fonstad
April 28, 1997
As with any new technology, it's advantages can also be disadvantages. This was certainly the case for the participants in the Carleton University negotiations. Here is a summary what the MIT Sloan students found to be the advantages and disadvantages of on-line negotiating using Carleton University's negotiation environment.
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Advantages
Disadvantages
Final comment by one of the participants: "I conclude that the internet negotiation environment utilized in this study clearly favors negotiations characterized by one or more of the following factors:
It would be inappropriate to generalize these characterizations to the electronic negotiation concept in general. The Carleton environment is a single, fairly simple embodiment of this concept. Once can imagine that an environment that takes advantage of recorded and/or real-time audio and video communication over the internet would be capable of supporting negotiations of greater complexity and strategies that are much more integrative than those that I pursued in this study. I believe the greatest benefit from electronic negotiation will not come from simple facilitation of existing negotiations into an electronic form as was demonstrated in this study, but will come from enabling decisions to be negotiated that are now made unilaterally without negotiation. How many decisions are made today by a single person because the cost, time, and logistics prevent all of the constituencies from coming togethe to formulate a shared decision? The internet provides a low cost method of bringing people together from all over the world and thus presents a valuable opportunity to shift decision-making to be a more collaborative and participative process. The full realization of this may still be far in the future, but the Carleton internet negotiation environment provides us with a glimpse of some of the potential possibilities." |
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