Construct · 1 fields · 1 citations

self-serving bias in settlement negotiation: a standalone construct

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self-serving bias insettlement negotiation1 CONSTRUCTSelf-serving bias inLOEWENSTEIN · PSYCHOLOGY AND

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Psychology and law

the tendency of litigants to judge what a fair settlement is in ways that favor their own side, which widens bargaining gaps and raises impasse rates.

In psychology and law, self-serving bias in settlement negotiation refers to the tendency of litigants to judge what a fair settlement is in ways that favor their own side, which widens bargaining gaps and raises impasse rates. This meaning comes from Loewenstein (1993) in The Journal of Legal Studies.[1]

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Nearby constructs

bargaining1 fields · 2 citationsanchor · game theorybias6 fields · 8 citationsjingle · one name, six constructsself-serving bias1 fields · 1 citationsanchor · a standalone construct

References

  1. Loewenstein, G., Issacharoff, S., Camerer, C., & Babcock, L. (1993). Self-Serving Assessments of Fairness and Pretrial Bargaining. The Journal of Legal Studies, 22(1), 135-159. https://doi.org/10.1086/468160

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