Escalation is less likely to occur when there are ______, overwhelming justification to
discontinue and no clear blame can be assigned for initial decision - ️️limited
resources
a process that begins when one party perceives that another party has negatively
affected, or is about to negativ...
UGBA 105 (negotiation/conflict)
Escalation is less likely to occur when there are ______, overwhelming justification to
discontinue and no clear blame can be assigned for initial decision - ✔️✔️limited
resources
a process that begins when one party perceives that another party has negatively
affected, or is about to negatively affect, something the first party cares about -
✔️✔️conflict
advantages of what?
o Pooling of resource info
o Different perspectives
o Specialize labor
o Decision acceptance - ✔️✔️group decision making
disadvantages of what?
- Conformity pressure
- Group conflict/domination
- Ambiguous responsibility
- waste time - ✔️✔️group decision making
We are NOT good _____ because we don't take the time to collect data & apply to
multi-criteria model - ✔️✔️decision makers
Eg. Kellogg vs. Cal for college: placing a score on important criteria (eg. tuition cost,
reputation, climate, etc.), comparing sum products and rank what aspects are most
important to you - ✔️✔️multi-criteria model
5 steps for:
o Define/analyze situation
o Set objectives
o Develop alternative courses of action
o Identify obstacles/adverse consequences
o Reach consensus decisions - ✔️✔️rational problem solving process
We have *cognitive limitations* which makes it impossible to assimilate/understand all
info necessary to optimize a decision
- Respond by reducing info to an understandable level - ✔️✔️rationally bounded
decision maker
quick rules of thumb that *reduce* info processing demands on decision makers
, problem: we judge events by how familiar the factors are tend to overestimate familiar
events & easy to recall (eg. deaths by car accidents vs. deaths by stomach cancer... we
tend to believe more caused by car crashes) - ✔️✔️heuristics
type of heuristic -
Judging frequency or likelihood of an event by how easily instances of the event come
to mind
type of heuristic -
o Making judgment based on resemblance to typical case while ignoring info about
averages of prior probabilities
o Doesn't analyze data, more reliant on vision/common sense
o Eg. MBA grad more likely to get a job in consulting firm vs. managing an art studio
Biasing factors: not sensitive to stat info or sample size, misconceptions of chance -
✔️✔️representative heuristic
Believes data collected by random process will look random; however, sequence
collected is too short (i.e. too small of a sample) for the process to express itself
statistically
" Hot hand" in basketball study proved it wrong - ✔️✔️gambler's fallacy
type of heuristic -
Using initial judgment as an anchor on which subsequent decisions are based.
- People *avoid risk* when an outcome is framed positively (certain outcome)
-People *seek risk* when an outcome is framed negatively (probable outcome)
Eg. "lives saved" vs. "lives lost" people will choose the option that forsure saves lives
(instead of running the risk of losing any lives at all) - ✔️✔️prospect theory
type of heuristic -
continuing to *commit additional resources* to seemingly failing endeavor based on
hope that there will be a positive change or to justify previously made decisions
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper ACADEMICMATERIALS. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €8,04. Je zit daarna nergens aan vast.
