Unbundle the issues by definition if negotiations

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Unbundle the IssuesBy definition, if negotiations contain only one issue (e.g.,price), they are purelydistributive (i.e.,fixed-pie).Adding issues, unbundling issues, and creating new issues can transform a single-issue,fixed-pie negotiation into an integrative, multi-issue negotiation with win-win potentialIntegrative agreements require at least two issuesUnbundle the price and include other things that may be of importance to the negotiators.Make Package Deals, Not Single-Issue OffersNegotiators make the mistake of negotiating each issue one by oneMistake for several reasons:First and foremost- Negotiating each issue separately does not allow negotiatorsto make trade-offs between issues.Second- It may mean that impasse is more likely, especially if the bargaining zoneis narrow and trade-offs are necessary to reach a mutually profitable outcome.Single-issue offers lure negotiators into compromise agreements in which weknow are usually not the best approach for win-win negotiations.Make Multiple Offers of Equivalent Value SimultaneouslyThis is effective even when you are dealing with the most uncooperative of negotiators.It involves presenting the other party with at least two, preferably more proposals that areof equal value to me.The multiple-offer strategy is threefold:1.Devise multiple-issues offers: as opposed to a single issue so you getaway from sequential bargaining, which can lock people into lose-loseoutcomes
2.Devise offers that are all of equal value to yourself:leaving yourselfmany ways to get what you want before making a concession3.Make all the offers at the same time:present it to them like a desserttray and wait for a response; and they come as a package, they can’t pickand choose from each one.Substantiation-arguments for one’s own position or against the other’s position is whatinterferes the most with win-win agreements.Negotiators who make multiple, equivalent offers have an edge in five criticalaspects:a.They can be more aggressive in terms of anchoring the negotiation favorablyb.Gain better information about the other party (inductive reasoning: anegotiator can deduce what the other party’s true interests are and wherethejoint gains are)c.Be more persistentd.Signal their priorities more effectivelye.overcome concession aversion on the part of the other side (when peopleperceive themselves as having more choices, as opposed to only one, theymaybe more likely to comply.Structure Contingency Contracts by Capitalizing on DifferencesDifferences in Valuation: Logrolling- the strategy of trading off so as to capitalize on differentstrengths of preference.Differences in expectations: people have different forecasts or beliefs about what will happen inthe future (get what you want based on what you believe will happen)Differences in risk Attitudes:They may agree on the probability of a future event but feel

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Term
Fall
Professor
TimothyChandler
Tags
negotiators, Integrative agreements

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