Essentials of Organizational Behavior (13th Edition)
Essentials of Organizational Behavior (13th Edition)
13th Edition
ISBN: 9780133920819
Author: Stephen P. Robbins; Timothy A. Judge
Publisher: PEARSON
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Chapter 4, Problem 5LO
Summary Introduction

To define: The Affective Events Theory (AET) and its application.

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As you think about the issue of using chatbots in contract negotiations, consider whether other facets and concepts of negotiations that we have discussed and whether they would be adequately addressed.
While I am not a fan of AI as of yet, I do understand the endless possibilities.  Based on the research, it is clear that AI has great potential for negotiation (Yang, 2025).  Herold et al. (2025) suggested that AI can flag potential risks and liabilities, allowing negotiators to address them and mitigate potential problems proactively. AI can draft new contract templates by examining industry standards and past contracts, and AI technology can help lawyers spot errors and inconsistencies in contract drafts. In relation to risk management, AI can flag possible risks and liabilities, allowing negotiators to proactively address them and lessen potential problems, which can speed up the negotiation process, making the negotiation efficient because AI can industrialize tasks like document review, redlining, and finding potential issues, significantly reducing negotiation time.  Lastly, AI can analyze vast amounts of data and identify errors, inconsistencies, and irregularities in…
What is a main thought on using AI in contract negotiations?
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