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The usual purpose of negotiations is to explore options and reach an agreement, if possible. We investigated a notable exception to this generalization, where a party negotiates without any intention of reaching an agreement. False negotiation occurs when a party gains more by stalling the...
Persistent link: https://www.econbiz.de/10011268192
Persistent link: https://www.econbiz.de/10005348605
People's 90% subjective confidence intervals typically contain the true value about 50% of the time, indicating extreme overconfidence. Previous results have been mixed regarding whether experts are as overconfident as novices. Experiment 1 examined interval estimates from information technology...
Persistent link: https://www.econbiz.de/10005348611
The usual purpose of negotiations is to explore options and reach an agreement, if possible. We investigated a notable exception to this generalization, where a party negotiates without any intention of reaching an agreement. False negotiation occurs when a party gains more by stalling the...
Persistent link: https://www.econbiz.de/10010839561
Persistent link: https://www.econbiz.de/10005197360
This article reports two experiments that compared the standard ultimatum game played by individuals with the same game played by three-person groups. In the group treatment, the members of the allocating group conducted a brief, face-to-face discussion in order to decide, as a group, on a...
Persistent link: https://www.econbiz.de/10005711634
In daily decision making, people often solicit one another's opinions in the hope of improving their own judgment. According to both theory and empirical results, integrating even a few opinions is beneficial, with the accuracy gains diminishing as the bias of the judges or the correlation...
Persistent link: https://www.econbiz.de/10005752786
In the interest of improving their decision-making, individuals revise their opinions on the basis of samples of opinions obtained from others. However, such a revision process may lead decision-makers to experience greater confidence in their less accurate judgments. We theorize that people...
Persistent link: https://www.econbiz.de/10005585364
The purpose of the study is to explore, in the context of the Israeli-Palestinian conflict, the influence of framing a decision task as inclusion or exclusion on Israeli-Jewish respondents' support for the concession of Jewish settlements in the West Bank and Gaza. Respondents received a list of...
Persistent link: https://www.econbiz.de/10005585391
Recent advancement in genetics testing for late-onset diseases raises fundamental decision dilemmas. The first study surveyed people’s willingness to undergo predictive testing to find out about their own predisposition for certain incurable, late-onset diseases. The second study investigated...
Persistent link: https://www.econbiz.de/10005585409