Collaborative Negotiation is a process where two or more parties work together to reach a mutually beneficial agreement. Instead of competing against each other, participants focus on understanding each other's needs and interests. This approach encourages open communication and fosters a positive atmosphere, making it easier to find solutions that satisfy everyone involved. In Collaborative Negotiation, parties often brainstorm creative options and share information to identify common goals. By prioritizing cooperation over conflict, this method can lead to stronger relationships and more sustainable agreements. It is commonly used in various settings, including business, diplomacy, and personal disputes.