Contests Do a Good Job in Resource Allocation

question 101

Multiple Choice

Contests do a good job in resource allocation

• A)under any circumstances.
• B)when the efforts of the players are easy to monitor and reward directly.
• C)when the efforts of the players are hard to monitor and reward directly.
• D)when the first-come,first-served allocation method has failed.
• E)only under a command system.

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Definitions:

Assessing Interests

The process of understanding the underlying needs, desires, and motivations behind parties' positions in a negotiation or conflict.

Relational Issues

Problems arising within interpersonal relationships that affect the dynamics between individuals.

Identity Issues

Challenges and conflicts related to an individual's sense of self and personal identity, which can include ethnicity, gender, and cultural background.

Distributive Bargainer

A negotiator focused on dividing limited resources in a way that maximizes their own gain.