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"Negotiations are ethical as long as the tactics are respectful of others,do not preclude others from using them,and are accepted by rational people acting rationally." This statement describes:
Pairwise Votes
A voting system method where candidates are compared to each other in pairs, with votes indicating preference between each pair to determine a winner.
Adverse Selection
A situation in which one party in a transaction has more or better information than the other, often leading to inefficiencies.
Market Wage
The prevailing wage rate for labor in a particular market, influenced by supply and demand.
Pairwise Majority Voting
A voting system in which each option is compared head-to-head with every other option, and the option that wins the most comparisons is selected.
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