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What do People Value when they Negotiate? Mapping the Domain of Subjective Value in Negotiation

Four studies provide support for the development and validation of a framework for understanding the range of social psychological outcomes valued subjectively as consequences of negotiations. Study 1 inductively elicited and coded elements of subjective value among students, community members, and negotiation practitioners, revealing 20 categories that negotiation theorists in Study 2 sorted to reveal four underlying dimensions: Feelings about Instrumental Outcomes, the Self, Process, and Relationship. Study 3 proposed a new Subjective Value Inventory (SVI) questionnaire and confirmed its 4-factor structure, and Study 4 presents convergent, discriminant, and predictive validity data for this SVI. Results suggest the SVI is a promising tool to systematize and encourage research on the subjective outcomes of negotiation.

Identiferoai:union.ndltd.org:MIT/oai:dspace.mit.edu:1721.1/18234
Date29 July 2005
CreatorsCurhan, Jared R., Elfenbein, Hillary Anger, Xu, Heng
Source SetsM.I.T. Theses and Dissertation
Languageen_US
Detected LanguageEnglish
TypeWorking Paper
Format625467 bytes, application/pdf
RelationMIT Sloan School of Management Working Paper, 4544-05

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