Asked by Ryleigh Geddes on Jun 14, 2024
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Those advocating an equity allocation standard argue that those who contributed more should receive more,in proportion to the magnitude of their contribution.
Equity Allocation
Equity allocation in negotiations refers to the process of distributing resources, rights, or responsibilities among parties in a manner deemed fair or equitable.
Magnitude
The size, extent, or importance of something.
Contribution
The act of giving or supplying something (such as knowledge, materials, or effort) towards a common goal or project.
- Distinguish between the criteria of equity and need in resource allocation and understand their effects on the stability of coalitions and the satisfaction of their members.
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Learning Objectives
- Distinguish between the criteria of equity and need in resource allocation and understand their effects on the stability of coalitions and the satisfaction of their members.
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