To provide a technique whereby a value of an error recovery level determined in negotiation processing between an initiator and a target can be set to a suitable value that is intended by a manager. A storage system comprises a storage section containing a target module that is connected to an initiator device; and a management section that manages the storage section. The target module carries out negotiation processing with the initiator device so as to determine a value of a first error recovery level. The first error recovery level is determined as the smaller of a value of a second error recovery level of the initiator device and a value of a third error recovery level of the target module. The management section carries out setting processing for allocating the initiator device that is to be connected to the target module to the target module, according to an instruction from a manager. In the setting processing, the value of third error recovery level is notified to the manager.