Neg Ch3 Flashcards

1
Q

What is ZOPA?

A

Zone of possible agreements

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2
Q

Bargaining zone

A

Area where sellers reservation price and and buyers reservation price overlap

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3
Q

Bargaining surplus

A

Size of the ZOPA

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4
Q

What are the strategies for distributing the pie!?

A
Assess and improve BATNA
set reservation point
Research other party BATNA, res pt
Set high aspirations
Make first offer if you're prepared
Re anchor if party opens first
Plan concessions
Support offer with facts
Appeal to Norms of fairness
Do not even split
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5
Q

Chilling effect

A

When an offer is made that is slightly lower than opponents reservation price

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6
Q

GRIT

A

Graduated reduction in tension model

Parties avoid escalating conflict by reciprocity principle. Calls for one party to make concession and othe follows suit.

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7
Q

How to re anchor

A

Wasn’t to diminish the prominence of the counter party

Do not adjust your BATNA because of their offer

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8
Q

How to do concessions

A

Pattern, magnitude, timing of concessions. Those who make fewer, smaller concessions ale more pie. Start with small concessions then larger ones. Makes people feel grateful they’re working with you c

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9
Q

Boulwarism

A

Making ones first and final offer

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10
Q

FTS face threat sensitivity

A

Face is the value people place in their reputation. Little FTS- thin skinned

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11
Q

Methods of fair division

A

Equality- equal shares
Equity- proportion to worth
Needs-welfare allocation

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12
Q

Social comparison

A

How we compare ourselves to others.
Upward-aspiring push harder
Downward-they’re worse so I’m not that bad
Similar-useful for accurate comparisons of your skills

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13
Q

Why compare yourself? 3

A

1) self improvement
2) self enhancement
3) accurate self evaluation

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14
Q

Equity principle formula

A

Outputs-a/ inputs-a = outputs-b/ inputs-b

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15
Q

If people feel there is inequality, how do they restore equity?

A
Alter the inputs
Alter the outcomes
Cognitively distort inputs or outcomes
Leave the situation
Cognitively distort inputs/outputs of partner
Change object of comparison
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16
Q

Distortion of inequality with # of people

A

When inequality is spread over snore people the injustice seems greater than if one person.

17
Q

How are egocentric created in regard to fairness?

A

Selective encoding of memory
Differential retrieval
Informational disparity

18
Q

Selective encoding and memory

A

Person who learns the facts before knowing which side they on is not egocentric.

This is when we convince ourselves that our actions were more impactful than others. Thus we get more pie

19
Q

Differential retrieval

A

It’s easier for us to know what we did than others because we were there and remember. We also positively correlate our work

20
Q

Informational disparity

A

People aren’t aware of others contributions.

21
Q

What are he wise pie slicing principles?

A
Consistency
Simplicity
Effectiveness
Justifiability
Consensus
Generalizability
Scarification
22
Q

Consistency

A

In variability across setting time and contacts

23
Q

Simplicity

A

You should be able to explain the procedure in simple terms of how resources were allocated

24
Q

Effectiveness

A

Procedure should produce a clear decision

25
Q

Justifiability

A

Should be justifiable

26
Q

Consensus

A

Group members should be able to agree upon the method of allocation

27
Q

Generalizability

A

Procedure should be applicable to a wide variety of situations

28
Q

Satisfaction

A

Agreement should be agreeable to everyone to make sure that terms are followed.