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Recognizing hard bargaining tactics

  • Extreme claims followed by slow concessions
  • Most common of hard bargaining tactics
  • Tactical advantage including influencing opponent ssettlement valuation range
  • Tactical disadvantage-brings about risk of no settlement
  • Commitment Tactics
  • One party persuades the other that there is no freedom of choice with respect to a particular issue
  • Risks
  • If both parties are locked in with no freedom on either side, there will not be a chance for a deal
  • Perception of predetermined commitment damages relationships between parties

Take it or leave it offers

  • One party threatens to end negotiation if offer is not accepted
  • Boulwarism- nohaggling
  • Exploding offer-take it today or it is gone
  • Risk-if both sides play,no deal

 

 

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