Examlex
Negotiators should not tell the other party that they are aware of what he or she is doing when they use hard tactics.
Classical Decision Model
A theory suggesting decisions are made with rationality, where all alternatives and outcomes are considered and the best choice is made to maximize utility.
Behaviour Decision Model
A theory that explains how individuals make decisions based on the acknowledgment of available alternatives, possible outcomes, and the implications of their choices.
Cognitive Limitations
Refers to the inherent restrictions in human cognitive capacity, affecting memory, attention, and the ability to process information.
Preferred Course Of Action
The most favored plan or method to achieve a desired outcome or solve a problem.
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