What conflict resolution method involves parties discussing and seeking to satisfy interests through joint decisions?

Negotiation is the process in which parties openly communicate with each other to discuss their interests and work towards a mutually satisfactory solution. This method emphasizes collaboration, allowing each party to express their needs and concerns while actively listening to the other side. The goal is to reach a joint decision that accommodates the interests of all involved rather than imposing a solution.

In negotiation, both parties have the opportunity to engage in dialogue, which fosters a sense of ownership over the final agreement. This method is particularly effective when both parties are motivated to work together to resolve their differences, making it a fundamental approach in conflict resolution. It focuses on building relationships and finding common ground, which can lead to more sustainable outcomes.

The other options refer to different conflict resolution methods. Mediation involves a neutral third party facilitating the conversation, while arbitration results in a binding decision made by an arbitrator without the same level of discussion between the original parties. Compromise, while involving some degree of negotiation, typically means that each party concedes something, which may not fully address all interests as well as a thorough negotiation may achieve.