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What Are the Steps in Achieving a Win-Win Solution to Negotiation

question 74

Essay

What are the steps in achieving a win-win solution to negotiation? List the steps in sequence,and explain what each participant should do to accomplish that step.


Definitions:

Common Property Rights

Legal rights to resources that are accessible to all members of a society or community, such as air, oceans, or wildlife.

Preservation

The act of maintaining or safeguarding something in its original or current state to prevent decay or destruction.

Efficient Outcome

A situation where resources are allocated in the most effective manner, leaving no room for improvement without making someone worse off.

Marginal Social Benefit

The additional benefit to society from consuming one more unit of a good or service.

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