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In the Basic New Keynesian model, there are two curves
Face Saving
Actions or strategies designed to preserve one's reputation or respect in the face of potential embarrassment or shame.
Overconfident
Having an excessively high opinion of one's abilities, performance, or situation, often without adequate justification.
Negotiator
A person involved in discussions aimed at reaching an agreement or resolving a conflict between parties.
Principled Negotiation
Principled negotiation is a negotiation strategy that emphasizes mutual interests, fair standards, and objective criteria in the negotiation process, aiming for a win-win outcome for all parties involved.
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