Reports the results of two experimental tests of the extent to which the large disparity between people’s valuation of gains and losses, and related fairness determinations, are used in judging the acceptability of alternative negotiating or conflict resolution proposals. Participants acted as arbitrators and selected their preferred resolution of conflicts, involving either the division of gains or sharing responsibility for losses. Different cases were presented in which one or the other party incurred varied combinations of direct or opportunity costs, or received varied forms of payments. Contrary to conventional economic assumptions, but consistent with earlier behavioural findings, direct costs incurred by one party to the negotiation were far more important than opportunity costs in setting the terms of a more acceptable resolution. The results strongly suggest that recent behavioural findings might be used to improve the design of negotiating and conflict resolution proposals.
How do social structures arise i17 a society? How can incentives plac ed on ildividual behavior shape the development of these social systems? These questions lie at the heart of many social sciences, and they are exactly what Joshua Epstein and Robert Axtcll explore in their new book, Gron'iyr rlrti/iiial Societies. However, this l7ew book addresses these old questions in a novcl manner: Epstein and Axtell provide a comprehensive expose of how adaptive, bottom-up computer simulation modeling can be applied to investigate the development of social systems while keeping track of the rolc of individual agents. This volun7r is a (first) research account of the 2()551 >
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.