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Cognitive Biases in Negotiation

Cognitive Biases in Negotiation

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The video explores various cognitive biases that affect negotiations, such as fixed assumptions, false conflict, escalation of commitment, overconfidence, egocentrism, self-serving bias, framing bias, information availability bias, endowment effect, and reactive devaluation. Understanding these biases is crucial for mitigating their impact and improving negotiation outcomes.

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1 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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