Unit 6 Power, Politics & Managing Conflict Flashcards
Active Listening
The process of absorbing another negotiator’s perspective, which involves paraphrasing what the person says, inquiring to improve understanding, and acknowledging the other person’s perspective.
Anchoring Effect
The fact that the first estimate or offer made in a negotiation tends to anchor, or have a powerful influence on, the haggling that follows.
Appraisal Tendencies
Goals, typically unconscious, that predispose us to respond to the world in predictable ways.
Backlash Effect
The tendency for people to judge women who negotiate on their own behalf negatively due to their violation of traditional gender stereotypes.
BATNA
Best Alternative To a Negotiated Agreement, or the “Plan B” that a negotiator will follow in the event that the current deal doesn’t pan out.
Contingent Contract
A bet that hedges parties’ differing predictions of how future events will unfold.
Cultural Prototypes
Cultural averages that fail to account for the great diversity found both across individuals and across cultures.
Distributive Negotiation
Negotiations in which parties are competing to claim the greatest amount of a single finite resource. Also known as a zero-sum game.
Egocentrism
The tendency for our perceptions and judgments to be biased in a self-serving manner, often without our conscious knowledge.
Endowment Effect
The common tendency for owners to overvalue commodities simply because they own them.
Escalation of Commitment
The common tendency to pursue an endeavor with the goal of recouping sunk costs when more careful analysis would lead us to recognize that walking away is the wiser choice.
Escalation of Conflict
The common desire to want to “beat” the other party at virtually any cost.
Ethical Fading
The tendency for the ethical dimensions of decisions to fade from our minds.
Incidental Emotions
Emotions arising from a situation unrelated to the decision we are facing.
In-Group Favoritism
The tendency to give special treatment to members of your own group at the expense of outsiders.
Integral Emotions
Emotions arising from the decision we are facing.
Integrative Negotiation
Negotiations in which parties can create value by making tradeoffs across interests and preferences.
Loss Aversion
The common tendency to experience losses much more strongly than comparable gains.
Mythical Fixed Pie of Negotiation
The tendency for negotiators to assume that their interests are at odds with the other party’s and thus to reject concessions simply because they were offered by an adversary.
Norm of Reciprocity
A widespread social rule that compels people to respond in kind to generous behaviors such as gifts, favors, and concessions.
Parasitic Integration
Taking value away from those who don’t have a voice in the negotiation.
Perspective Taking
Consciously attempting to look beyond our own viewpoint to think about how others may view the world.
Positive Bargaining Zone
The range of outcomes that parties to a negotiation would prefer over an impasse.
Relational Accounts
Requests that allow women negotiators to overcome the backlash effect by conveying genuine concern for the organization and/or colleagues.
Reservation Value
The point at which a negotiator is indifferent between a negotiated agreement and impasse.
Social Proof
The common tendency to look to others’ behavior whenever we have doubts about the appropriate decision or action to take.
Stereotype Threat
The fact that the mere knowledge that negative stereotypes exist about us can impair our performance.
Vividness Bias
The tendency to pay more attention to vivid, flashy information than more mundane information that may be at least as important to our decisions.
Winner’s Curse
A common pitfall of competitive bidding situations such as auctions. In the typical auction, the winner feels elated about walking away with her prize. Yet there is a strong chance she will realize at a certain point that she significantly overpaid for her prize.
ZOPA
The Zone Of Possible Agreement, or the existence of a positive bargaining zone.
Authority
Represents the right to seek compliance by others.
Bases of Power
The five bases of power are referent, expert, legitimate, reward, and coercive power.
Bureaucratic Gamesmanship
A situation where the organizations own policies and procedures provide ammunition for power plays.
Coalition
A situation where one unit can effectively increase its power by forming an alliance with other groups that share similar interests.