A negotiation or mediation should have a flow or rhythm. Ideally both parties are actively listening to each other and expressing themselves in an effective and professional manner. Although each side is trying to get the most benefit from an agreement, both sides understand any agreement is a two-way street where they both have to have their needs met.
Why would one party interrupt the other?
The person wants to dominate the conversation and show he or she has power. The person wants to actively...
The more pronounced the participants’ sense of humour, the lower their psychological distress at the start of the study and the better their physical symptoms through the diary stage. But against the researchers’ expectations, the apparent benefits of humour weren’t explained by sense of humour being linked with a tendency to reappraise situations, nor to better social relations.
A second study involved just over 100 undergrad students answering questions about their psychological and emotional...
Negotiations work best when both sides have matching personality traits—even if they’re both disagreeable—according to research from the University of Georgia Terry College of Business.
Conventional wisdom would suggest that people who are outgoing and accommodating are better suited to negotiate, but a study co-authored by assistant professor of management Fadel Matta found two sides can reach accord through their common discord.
“Normally, you would consider agreeableness—that you’re...
Demonstrating just how difficult it can be to separate questions about the “formation” of an arbitration agreement from the “validity” of that agreement, the Fifth Circuit found this month that when an argument was applied to two of the parties’ three agreements, it related to their formation, but when the same argument was applied to the third agreement, it related to its validity.
In Lefoldt v. Horne, 2017 WL 1326241 (5th Cir. April 11, 2017), the plaintiff, a community hospital,...
Whatever one may think of the value of Big Data, economic studies have consistently and conclusively found that customers are more likely to buy a product when they know what the price of the product is. Data analytics can help give greater certainty to prospective clients, and hence drive more business to the firm.
To answer the question that we started with then – should attorneys care about data analytics? The answer is a resounding Yes – but only if they want to make more money and have...
Daryl Lim (The John Marshall Law School) has posted Retooling the Patent-Antitrust Intersection: Insights from Behavioral Economics (Baylor Law Review, Forthcoming) on SSRN. Here is the abstract:
Behavioral economics has been embraced in finance and implemented by the government. In IP law, scholars have argued it can inform non-obviousness analyses, decipher patent damages, and develop a more nuanced narrative for incentivizing innovation. In antitrust law, scholars have argued for a larger role...
The California Supreme Court recently issued a decision following its tradition of finding creative ways to avoid FAA preemption. The court’s analysis provides an interesting blueprint for other states to develop consumer and employee protection statutes that can avoid the the steamroller of FAA preemption.
In McGill v. Citibank, No. S224086 (Cal. Apr. 6, 2017) (click here for a copy of the decision), the California Supreme Court held that “a provision in a predispute arbitration agreement...
Because I have been working on a book on cognitive biases for several months, I was delighted to discover a newly-posted article on SSRN by Kenneth D. Chestek concerning the effects of the Negativity Bias on persuasive writing.
Fear and Loathing in Persuasive Writing: An Empirical Study of the Effects of the Negativity Bias. (Legal Communication & Rhetoric: JALWD, Vol. 14, 2017)
Abstract
"Cognitive psychologists have identified a phenomenon they call the "negativity bias," in which humans...