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Focal Points in Negotiation

Author : Rudolf Schuessler
Publisher : Springer Nature
Page : 240 pages
File Size : 48,70 MB
Release : 2019-12-05
Category : Mathematics
ISBN : 3030279014

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​Focal Points in Negotiation is the first work of its kind to analyze the use of focal points beyond the controlled setting of the laboratory or the stylized context of mathematical game theory, in the real world of negotiation. It demonstrates that there are many more ways focal points influence real life situations than the specific, predetermined roles ascribed to them by game theory and rational choice. The book establishes this by identifying the numerous different, often decisive, modes in which focal points function in the various phases of complex negotiations. In doing so, it also demonstrates the necessity of a thorough understanding of focal points for mediators, negotiators, and others. A scholarly work in nature, Focal Points in Negotiation is also suitable for use in the classroom and accessible for a multidisciplinary audience.

Anchoring Effect of Focal Points in Successive Negotiations

Author : Xiaoli Guo
Publisher :
Page : 0 pages
File Size : 15,39 MB
Release : 2022
Category :
ISBN :

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This paper theoretically and experimentally examines the anchoring effect of focal points in successive negotiations with different bargaining structures. Two variants of the Nash bargaining game that possibly end in conflict are constructed, which strongly incentivize the players to coordinate using focal points. The effect of two focal points is investigated--the bargainers' power, which determines their expected payoffs if the negotiation breaks down and conflict breaks out, and their endowment, which defines the status quo. The experimental results show that the players demonstrate a high degree of rationality with respect to their demands and backdown decisions. Systematic and solid evidence demonstrates that, in the experimental setting, the focal point “power” has an anchoring effect, while the focal point “endowment” does not. These results indicate the limited role of the legitimacy of ownership in bargaining.

Getting to Yes

Author : Roger Fisher
Publisher : Houghton Mifflin Harcourt
Page : 242 pages
File Size : 26,39 MB
Release : 1991
Category : Business & Economics
ISBN : 9780395631249

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Describes a method of negotiation that isolates problems, focuses on interests, creates new options, and uses objective criteria to help two parties reach an agreement.

A Guide to Negotiation and Meditation

Author : Gary Goodpaster
Publisher : BRILL
Page : 309 pages
File Size : 19,26 MB
Release : 2023-10-16
Category : Law
ISBN : 9004638245

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A Guide to Negotiation and Mediation is written in a progressive, building-block fashion, moving from simple to more complex ideas. The first section covers basic negotiating strategies, concepts, and tactics; the next discusses cognitive and psychological aspects of negotiation. The book goes on to explore elements that may complicate negotiations-in particular coalition-formation and bargaining for constituencies-and concludes with a chapter on negotiation preparation and planning. Published under the Transnational Publishers imprint.

Escalation and Negotiation in International Conflicts

Author : I. William Zartman
Publisher : Cambridge University Press
Page : 360 pages
File Size : 26,51 MB
Release : 2005-12-08
Category : History
ISBN : 9780521856645

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This volume examines the point where the concepts and practices of escalation and negotiation meet.

Game Theory - Successful Negotiation in Purchasing

Author : Christoph Pfeiffer
Publisher : Springer Nature
Page : 139 pages
File Size : 41,97 MB
Release : 2023-04-18
Category : Business & Economics
ISBN : 3658408685

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Applied game theory in purchasing has become an important tool in many companies for systematically achieving success in negotiations. The central building block of game-theoretically optimized awards are purchasing auctions. A basic knowledge of auctions and game theory is therefore particularly important for purchasers. This book describes very clearly many helpful methods as well as their application in practice. Procurement situations which have a high volume, which are interesting for suppliers and whose performance can be well specified are particularly suitable for the use of game theory in purchasing. It also shows how cartels or restrained competition between suppliers can be identified using a purely data-based method. Every purchase involves a sale. The book is therefore not only aimed at buyers. Auctions in procurement and the underlying game-theoretical principles also play an equally significant role for sellers.Applied game theory in purchasing has become an important tool in many companies for systematically achieving success in negotiations. The central building block of game-theoretically optimized awards are purchasing auctions. A basic knowledge of auctions and game theory is therefore particularly important for purchasers. This book describes very clearly many helpful methods as well as their application in practice. Procurement situations which have a high volume, which are interesting for suppliers and whose performance can be well specified are particularly suitable for the use of game theory in purchasing. It also shows how cartels or restrained competition between suppliers can be identified using a purely data-based method. Every purchase involves a sale. The book is therefore not only aimed at buyers. Auctions in procurement and the underlying game-theoretic principles also play an equally significant role for sellers.

How Negotiations End

Author : I. William Zartman
Publisher : Cambridge University Press
Page : 359 pages
File Size : 33,27 MB
Release : 2019-04-11
Category : Business & Economics
ISBN : 1108475833

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The first full-length work to analyze the closing phase of negotiations, identifying the negotiators' behavior patterns in the endgame.

Bargaining for Advantage

Author : G. Richard Shell
Publisher :
Page : 286 pages
File Size : 11,28 MB
Release : 2001
Category : Negotiation
ISBN : 9780140289312

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Combining insights in negotiation research with the tactics used by some of the world's leading business strategists, Bargaining for Advantage is a practial guide to becoming a more effective negotiator. Richard Shell explores the hidden psychology and patterns that govern every bargaining situation. Driven by stories about everything from hostage taking and high stakes business deals to everyday encounters, this work offers a step-by-step approach that draws on your own communication style to make you a skilful negotiator.

Strategic Negotiations for Sustainable Value

Author : Stefanos Mouzas
Publisher : Taylor & Francis
Page : 184 pages
File Size : 41,58 MB
Release : 2022-07-05
Category : Business & Economics
ISBN : 100059694X

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Strategic Negotiations for Sustainable Value is a guide to learning how to conclude lasting business deals that are environmentally, socially and economically sustainable in an international business context. Managers today need to negotiate with multiple stakeholders, such as suppliers, customers, agencies, governments and authorities, to be able to access the resources that they need. Creating and capturing sustainable value is not a fixed entity but rather the outcome of long and time-consuming negotiations that affect further negotiations. Providing illustrative international case studies throughout each chapter, this book explores: the strategic challenges that managers face in their markets today; the practical, analytical tools that needed to create and capture value that is sustainable; the behavioral biases and cognitive errors in strategic negotiations; the various ways by which negotiators manifest their business agreements in contracts; the managerial implications of strategic negotiations. The book is ideal for advanced undergraduate and postgraduate students in negotiation, business administration, management, or related courses such as business marketing, and customer or key account management. It is equally valuable to industry professionals, managers involved in negotiating with customers, suppliers or partners and those pursuing professional qualifications or accreditation in marketing, sales or management.

Value Negotiation

Author : Horacio Falcao
Publisher : FT Press
Page : 578 pages
File Size : 27,44 MB
Release : 2012-12-11
Category : Business & Economics
ISBN : 0133410013

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Value Negotiation: How to Finally Get the Win-Win Right examines the complicated world of negotiation and provides a simple and practical approach in helping negotiators learn how to consistently deliver the highest possible value at the lowest possible risk in the widest range of situations. The textbook consists of three parts: in Become a Negotiator, challenge yourself to rethink your foundations and assumptions about negotiation, in Prepare for Negotiation, find out how to choose a negotiation goal and strategy, and anticipate critical moments during negotiation and in Negotiate!, uncover how you can connect with negotiating parties, work towards gaining mutual value, and finally, make the best possible decision. In each part, a wide variety of dialogues, scenarios, discussion questions and exercises have been specially designed to prepare you for commonly experienced situations and settings in negotiation. For university professors, adopting the Value Negotiation book entitles you to request a comprehensive Instructor’s Package that includes an Instructor’s Manual and a set of teaching slides.