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Basketball contract: applying the SIPRES method in the process of evaluating the negotiation template

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Języki publikacji
EN
Abstrakty
EN
In a negotiation process, knowing the preferences of the decision-maker and building a negotiation offer scoring system are very challenging tasks. There are many different methods that can be used to develop such a negotiation support tool, including, but not limited to, techniques based on the multiattribute utility theory (MAUT) or the outranking relation, for instance SAW, AHP or PROMETHEE II. In this paper we present the procedure of evaluating the negotiation template using an unconventional and inventive method called SIPRES, which combines the key elements of the revised Simos’ procedure and the ZAPROS method to elicit the negotiator’s preferences over some reference solutions. This transparent and easy to implement technique – thanks to the ZAPROS-like approach applied within it – allows the decision-makers to define their preferences in a simple manner, providing an effective method for analysing the trade-offs between the alternatives using selected reference alternatives only. Simultaneously, the revised Simos’ procedure, applied in the method, allows for determining the cardinal scores of the alternatives. Thus, sophisticated negotiation analyses can be carried out. As an illustrative example the problem of basketball contract negotiations is discussed.
Słowa kluczowe
Rocznik
Strony
83--107
Opis fizyczny
Bibliogr. 41 poz., rys., tab.
Twórcy
  • Faculty of Economic Sciences and Management, Nicolaus Copernicus University in Toruń, Toruń, Poland
  • Faculty of Economic Sciences and Management, Nicolaus Copernicus University in Toruń, Toruń, Poland
Bibliografia
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  • Brans, J.P., Vincke, P. and Mareschal, B. (1986) How to select and how to rank projects: the PROMETHEE method. European Journal of Operational Research, 24: 228–238.
  • Burke, B. (1993) Negotiations Involving Agents and General Managers in the NHL. Marquette Sports Law Review, 4, 1 (fall): 35-50.
  • Conlin, M., Orsini, J. and Tang, M. (2013) The effect of an agent’s expertise on National Football League contract structure. Economics Letters, 121, 2: 275-281.
  • De Keyser, W. and Peeters, P. (1996) A note on the use of PROMETHEE multicriteria methods. European Journal of Operational Research, 89: 457-461.
  • Dietl, H., Franck, E., Lang, M. and Rathke, A. (2011) Salary Cap Regulation in Professional Team Sports. Contemporary Economic Policy, 30(3): 307-319.
  • Figueira, J., Greco, S. and Ehrgott, M., eds., (2005) Multiple Criteria Decision Analysis. State of the Art Surveys. Springer, New York.
  • Figueira, J. and Roy, B. (2002) Determinig the weights of criteria in the ELECTRE type method with a revised Simos’ procedure. European Journal of Operational Research, 139: 317-326.
  • Filzmoser, M. and Vetschera R. (2008) A classification of bargaining steps and their impact on negotiation outcomes. Group Decision and Negotiation, 17(5): 421-443.
  • Franklin, R. (1998) The Effects Sports Agents Have On Professional Sports. Student Theses, Dissertations, Portfolios and Projects. 113, https://spiral.lynn.edu/etds/113.
  • Górecka, D. (2015) Evaluating the negotiation template with SIPRES – a fusion of the revised Simos’ procedure and the ZAPROS method. Multiple Criteria Decision Making, 10: 48-64.
  • Górecka, D. (2016) Using SIPRES - A Fusion of the Revised Simos’ Procedure and ZAPROS - in the Road Route Selection Process. Optimum. Studia Ekonomiczne, 5(83): 97-112, DOI: 10.15290/ose.2016.05.83.06.
  • Górecka, D. (2020) Selecting the right football club to sponsor: multi-criteria analysis. Journal of Physical Education and Sport, 20 (Supplement issue 5): 2867-2874.
  • Górecka, D., Roszkowska, E. and Wachowicz, T. (2014) MARS – a hybrid of ZAPROS and MACBETH for verbal evaluation of the negotiation template. In: P. Zaraté, G. Camilleri, D. Kamissoko, F. Amblard, eds., Proceedings of the Joint International Conference of the INFORMS GDN Section and the EURO working Group on DSS. Toulouse University, Toulouse: 24-31.
  • Górecka, D., Roszkowska, E. and Wachowicz, T. (2016) The MARS Approach in the Verbal and Holistic Evaluation of the Negotiation Template. Group Decision and Negotiation, 25, 6: 1097-1136, DOI 10.1007/s10726-016-9475-9.
  • Hwang, C.L. and Yoon, K. (1981) Multiple Attribute Decision Making: Methods and Applications. Springer-Verlag, New York.
  • Keeney, R.L. and Raiffa, H. (1976) Decisions with Multiple Objectives: Preferences and Value Trade-Offs. Wiley, New York.
  • Kersten, G.E. and Noronha, S.J. (1999) WWW-based negotiation support: design, implementation, and use. Decision Support Systems, 25(2): 135-154.
  • Kersten, G.E., Vahidov, R. and Gimon, D. (2014) Concession-making in Multi-attribute Auctions and Multi-bilateral Negotiations: Theory and Experiments. Electronic Commerce Research and Applications, 12: 166-180.
  • Larichev, O.I. and Moshkovich, H.M. (1995) ZAPROS-LM – A method and system for ordering multi-attribute alternatives. European Journal of Operational Research, 82, 503-521.
  • Mustajoki, J. and Hämäläinen, R.P. (2000)Web-HIPRE: Global Decision Support by Value Tree and AHP Analysis. INFOR, 30(3): 208-220.
  • Overseas Basketball Players Salary. Global Table Chart, https: //www.loveatfirstfit.com/guides/overseas-basketball-players-salary-table -chart-for-leagues-around-the-world/ (23.12.2020).
  • Raiffa, H., Richardson, J. and Metcalfe, D. (2002) Negotiation Analysis: The Science and Art of Collaborative Decision Making. The Belknap Press of Harvard University Press, Cambridge (MA).
  • Roszkowska, E. and Wachowicz, T. (2014) Defining preferences and reference points – a multiple criteria decision making experiment. In: P. Zaraté, G. E. Kersten and J. E. Hernández, eds., Lecture Notes in Business Information Processing. Group Decision and Negotiation. A Process-Oriented View. Springer: 136-143.
  • Roszkowska, E. and Wachowicz, T. (2015) Application of fuzzy TOPSIS to scoring the negotiation offers in ill-structured negotiation problems. European Journal of Operational Research, 242(3): 920-932.
  • Roy, B. (1999) Decision-aiding today: What should we expect. In: T. Gal, T. Hanne and T. Stewart, eds., Multicriteria Decision Making: Advances in MCDM Models, Algorithms, Theory, and Applications. Kluwer Academic Publishers, Dordrecht: 1.1-1.35.
  • Saaty, T.L. (2006): Fundamentals of Decision Making and Priority Theory with the Analytic Hierarchy Process. Vol. VI of the AHP Series. Pittsburgh: RWS Publications.
  • Saaty, T.L. and Vargas, L. G. (1991) The Logic of Priorities. Applications of the Analytic Hierarchy Process in Business, Energy, Health & Transportation. Vol. III of the AHP Series. RWS Publications, Pittsburgh.
  • Simons, T. and Tripp, T.M. (2003) The Negotiation Checklist. In: R. J. Lewicki, D. M. Saunders, J. W. Minton and B. Barry, eds., Negotiation. Reading, Exercises and Cases. McGraw-Hill/Irwin, New York, 50-63.
  • Stein, J.G. (1989) Getting to the table: The triggers, stages, functions, and consequences of prenegotiation. International Journal, 44(2): 475-504.
  • The International Basketball Migration Report 2020 (2020) FIBA and CIES Observatory, http://www.fiba.basketball/documents/ibmr2020.pdf, (23.12.2020).
  • Wachowicz, T. and Kersten, G.E. (2009) Decisions and manners of electronic negotiation system users. In: K. A. Kłosiński and A. Biela, eds., A Man And His Decisions. John Paul II Catholic University of Lublin Press, Lublin: 63-74.
  • Wachowicz, T. and Błaszczyk, P. (2013) TOPSIS based approach to scoring negotiating offers in negotiation support systems. Group Decision and Negotiation, 22(6): 1021-1050.
  • Wachowic,z T. and Wu, S. (2010) Negotiators’ Strategies and Their Concessions. In: G. J. de Vreede, ed., Proceedings of the Conference on Group Decision and Negotiation 2010. The Center for Collaboration Science, University of Nebraska at Omaha: 254-259.
  • Yoon, K.P. and Hwang, C-L. (1995) Multiple Attribute Decision Making: an Introduction. Sage Publications.
  • Zartman, I.W. (1989) Prenegotiation: Phases and functions. International Journal, 44(2): 237-253.
  • Websites
  • (www 1) Forbes: https://www.forbes.com/sites/forbespr/2020/02/11/the-business-of-basketball-forbes-releases-22nd-annual-nba-teamvaluations/?sh= 5e1bbcfa75ff#4ee34fa675ff, (30.12.2020).
  • (www 2) Forbes: https://www.forbes.com/nba-valuations/list/#tab:overall, (30.12.2020).
  • (www 3) Investopedia: https://www.investopedia.com/articles/personalfinance/071415/how-nba-makes-money.asp#citation-4, (30.12.2020).
  • (www 4) Statista: https://www.statista.com/statistics/269797/worldwiderevenue-from-sports-merchandising/, (30.12.2020).
  • (www 5) Statista: https://www.statista.com/markets/409/topic/442/sportsfitness/, (30.12.2020).
Typ dokumentu
Bibliografia
Identyfikator YADDA
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