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Tag: Define an Arbitrator
A person or one of two or more persons, chosen by parties who have a controversy, to determine their differences. An independent person or body officially appointed to settle a dispute (adjudicator, arbiter, lines man, referee, line, judge, etc).
BATNA It stands for best alternative to negotiated agreement. In negotiation theory, the best alternative to negotiated is the most advantageous alternative course of action a party can take if negotiations fail and an agreement cannot be reached. It is the key focus and