Negotiation & Cognitive Mistakes

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There is a made up meeting between Samuel Adams (Boston patriot) Peyton Randolph (Williamsburg patriot), John Randolph (Williamsburg loyalist) and Lord Dunmore -John Murray (British governer of Virginia) to debate the ramifications of independance of the colonies from Great Britian.

Part 1 (Group):

Do some background research on your all party’s motives and interests in the negotiation. Think about your all of the party’s feelings, motives, and interests.

Part 2 (Group): Analyze the negotiation scenario

In your analysis be sure to address the following:

Who were the parties?
What was the final outcome?
What were the alternatives to a negotiated agreement? Were the parties aware of these alternatives?
What were each party’s set of interests? Were the parties aware of their interests?
How did the parties create or claim value?
Indicate whether any party made any of the following cognitive mistakes in the negotiation:

Assuming a fixed-pie perspective
Lack of awareness of framing effects
Nonrational escalation of conflict
Negotiator overconfidence
Negotiator egocentrism
Anchoring
Ignoring the cognition of others

If cognitive mistakes were made, how did they affect the negotiation? How might the parties have acted differently.