Principal Agent Theory

What Can Business Negotiators Learn from Principal Agent Theory?

| | Negotiation Skills

Learn how to navigate the principal-agent relationship with these insights from negotiation research. … Read This Post

Top Business Negotiations: Apple’s Price-Fixing Defeat

| | Business Negotiations

Back in 2007, unhappy with Amazon’s low, flat price of $9.99 for e-books, five major U.S. publishers negotiated a new business model for e-book pricing with Apple, … Read This Post

Building trust

Building Trust in Negotiations

| | Negotiation Skills

How should you go about building trust in negotiations with a reluctant counterpart? A unique negotiation context offers lessons for trust building that can be applied to … Read Building Trust in Negotiations

trump negotiating style

Trump’s Negotiating Style as President-Elect

| | Dealmaking

Donald J. Trump entered the Oval Office with considerable dealmaking experience in the business world. But his blank slate as an elected official combined with his fluctuating positions … Read Trump’s Negotiating Style as President-Elect

Mind Matters in Negotiation

| | Negotiation Skills

It’s no secret that the mindset we bring to our negotiations can affect our outcomes. Recent research on the anchoring effect and meditation suggests how adjustments to … Read Mind Matters in Negotiation

anchoring effect

Teaching Contract Negotiation: Using the Mutual Gains Approach

| | Teaching Negotiation

How do you use the mutual gains approach in contract negotiations?
In contract negotiations, parties can often resort to positional bargaining instead of using the mutual gains approach. … Read This Post

make a good deal

How to Make a Good Deal When You Lack Power

| | BATNA

In negotiation, we’re often advised that our most important source of power is our best alternative to a negotiated agreement, or BATNA. When we feel powerless, it’s often … Read How to Make a Good Deal When You Lack Power

defensive negotiation

The Top Three Defensive Negotiation Strategies You Need to Know

| | BATNA

In the course of a career, a negotiator will confront many skilled persuaders. Here, we review three defensive negotiation strategies a negotiator can employ. … Read This Post

Is Cross-Cultural Conflict Resolution Education Collaborative Enough?

| | Conflict Resolution

Cross-cultural conflict resolution education has swung from top-down to bottom-up models in recent years. A new Negotiation Journal article calls for a more balanced approach. … Read This Post

negotiation

Conflict Management and Negotiation: Personality and Individual Differences That Matter

| | Conflict Resolution

Although Elfenbein and her colleagues did find that negotiators performed at a similar level from one negotiation to the next, to their surprise, these scores were only … Read This Post

Dealing with Difficult Employees—or Burnout?

| | Conflict Resolution

Managers who are dealing with difficult employees would be wise to consider if those employees are facing unrealistic expectations. Giving them permission to detach after hours is … Read Dealing with Difficult Employees—or Burnout?

negotiated-agreements

Negotiated Agreements: Why You Should Limit Your Options

| | Dealmaking

A process of finding your counterparts interests and reconciling them with your own. But what if you or your counterpart presents a myriad of options and offers … Read This Post