Examlex
What types of dirty tricks or rough tactics are used by some negotiators? What would you do if faced with opponents that used such tactics during international negotiations?
Clear Preferences
The concept in decision theory and economics where consumers or decision-makers have well-defined preferences, allowing for consistent choices among sets of alternatives.
Budget Constraints
Constraints that consumers face as a result of limited incomes.
Endowment Effect
Tendency of individuals to value an item more when they own it than when they do not.
Reference Point
A basis or standard for evaluation, comparison, or judgment.
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