Question

In nonspecific compensation, which of the following is related to resources being added in such a way that both sides can achieve their objectives?

1) resources are added in such a way that both sides can achieve their objectives.
2) one party achieves his/her objectives and the other's costs are minimized if he/she agrees to go along.
3) the parties are able to invent new options that meet each sides' needs.
4) one person is allowed to obtain his/her objectives and "pay off" the other person for accommodating his interests.
5) All of the above are related to nonspecific compensation.

Answer 1

Nonspecific compensation is related to the concept of logrolling in negotiations, where both sides trade resources to achieve their desired outcomes. Unlike compromise, which requires concessions on goals, logrolling allows each party to obtain what they value most.

Step-by-step explanation:

In nonspecific compensation, resources are added in such a way that both sides can achieve their objectives, which closely aligns with the concept of logrolling. Logrolling is a form of negotiation where two parties trade favors or resources, each obtaining what they value most, which can lead to both parties being better off than before. This is different from compromise, which requires parties to give ground on their goals. In cases of compromise, each party might reach an agreement by conceding some of their objectives, such as countries agreeing on certain emission reductions to address climate change. Ultimately, effective negotiation can result in outcomes where all parties involved are relatively satisfied.