“…One of the most important advances in conflict and negotiation research in the past 2 decades has been the identification of judgment biases that can ultimately inhibit negotiation agreements (Bazerman & Carroll, 1987;Thompson, 1990). Much research, for example, has illustrated that negotiators tend to have fixed-pie perceptions of negotiations (Thompson & Hastie, 1990), fail to recognize compatible interests (Thompson & Hrebec, 1996), devalue concessions made by their counterparts (Stillenger, Epelbaum, Keltner, & Ross, 1991), experience less satisfaction when their counterparts are happy than when disappointed (Thompson, Valley, & Kramer, 1995), and become stuck in impasse because of self-serving biases and overconfidence (Babcock & Loewenstein, 1997;Thompson & Loewenstein, 1992).…”