The impact of award uncertainty on settlement negotiations

Legal disputes are often negotiated under the backdrop of an adjudicated award. While settlements are common, they are not universal. In this paper, we empirically explore how uncertainty in adjudicated awards impacts settlement negotiations. To do so, we develop an experimental design to test how increases in variance and positive skewness of the award distribution impact negotiations and settlement rates. We find increases in variance decrease settlement rates, while increases in skewness generally increases settlement rates. We also gather individual measures of risk aversion and prudence, and incorporate these measures into the analysis to test for heterogeneous treatment effects. Overall, our results suggest that highly variable adjudicated awards can contribute to the excess use of inefficient litigation, while more positively skewed awards can reduce the use of inefficient litigation.     

Computational thinking embedded in engineering design: capturing computational thinking of children in an informal engineering design activity

Just as engineering and computational thinking have recently gained increased attention in pre-college school-based education, many museums and science centers have also designed exhibits and experiences to promote computational thinking and engineering learning. Recent reports suggest that computational and engineering thinking can empower each other, and engineering design can be an appropriate context for children’s engagement in computational thinking. Previous studies have documented young children’s abilities to engage in engineering thinking and other studies have collected evidence of young children’s abilities to engage in computational thinking. However, there is little research that explores how children’s engagement in both engineering and computational thinking can support each other. Hence, in this qualitative case study, we aimed to examine how 5 to 7-year-old children engage in computational thinking competencies in the context of a family based engineering design activity. This activity was conducted at a small science center exhibit. In our presented findings we map children’s enactment of at least one CT competency to children’s engagement in engineering design actions.