NEGOTIATIONS: Cognitive Biases Quiz

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Questions and Answers

Which cognitive bias explains people's tendency to take unwarranted risks in the face of uncertain losses?

  • Framing Effect
  • Prospect Theory (correct)
  • Loss Aversion
  • Separating the person from the problem

Which approach emphasizes generating win-win options in negotiation?

  • Framing Effect
  • Prospect Theory
  • Loss Aversion
  • Problem-solving Approach (correct)

According to the concept of two systems of thought, System 2 is characterized by:

  • Slow, deliberative, and logical thinking (correct)
  • Influence on negotiation outcomes
  • Manipulation of emotions through questioning and framing
  • Fast, instinctive, and emotional thinking

The importance of listening and empathy in negotiation is highlighted by:

<p>Positive impact on individuals' openness and willingness to evaluate their thoughts and feelings (A)</p> Signup and view all the answers

Which cognitive bias explains people's greater motivation to avert loss than to achieve gain?

<p>Loss Aversion (C)</p> Signup and view all the answers

Which approach emphasizes establishing mutually agreed-upon standards for evaluation in negotiation?

<p>Problem-solving approach (D)</p> Signup and view all the answers

Which cognitive bias explains people's tendency to respond differently based on how choices are presented?

<p>Framing Effect (A)</p> Signup and view all the answers

Which approach emphasizes focusing on interests rather than positions in negotiation?

<p>Problem-solving approach (D)</p> Signup and view all the answers

According to the concept of two systems of thought, System 1 is characterized by:

<p>Fast, instinctive, and emotional thinking (D)</p> Signup and view all the answers

What is tactical empathy in negotiation?

<p>A method to understand and connect with the emotions of the other party (C)</p> Signup and view all the answers

How does tactical empathy influence negotiation outcomes?

<p>It allows for better understanding of the other party's perspective (B)</p> Signup and view all the answers

Which skill is central to tactical empathy?

<p>Active listening (A)</p> Signup and view all the answers

What is the purpose of using tactical empathy in negotiation?

<p>To create a positive and collaborative negotiation environment (C)</p> Signup and view all the answers

How does tactical empathy differ from traditional negotiation approaches?

<p>It combines emotional intelligence with assertive influence skills (C)</p> Signup and view all the answers

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