Asked by Cassandra Baitley on Jun 17, 2024
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Negotiators sometimes begin to rely too heavily on arbitration as a means of settling their contract disputes, rather than working hard to come to their own agreement. This is known as the chilling effect.
Chilling Effect
A chilling effect occurs when the exercise of rights or freedoms is discouraged by the threat of legal sanction or other negative consequences, leading to self-censorship or avoidance of certain actions.
Arbitration
A method of dispute resolution where an impartial third party, the arbitrator, makes a binding decision to resolve a dispute outside of court.
Contract Disputes
Conflicts that arise over the interpretation, fulfillment, or breach of a contract between two or more parties.
- Evaluate how different tactics and strategies in bargaining affect the outcomes of negotiations.
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Learning Objectives
- Evaluate how different tactics and strategies in bargaining affect the outcomes of negotiations.
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