Mental strategies in negotiation. Play The Psychology of Negotiation trivia solo to sharpen your knowledge, or challenge a friend head-to-head in Trivia Tango — every question comes with an explanation so you learn as you play.
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This negotiation outcome occurs when both parties leave with more value than they started with, often called a "win-win."
The alternative you would pursue if the current negotiation fails completely - your walkaway option.
This psychological phenomenon causes people to rely too heavily on the first piece of information offered in a negotiation.
This type of negotiation treats resources as fixed, where one party's gain is the other's loss - like dividing a pie.
The minimum terms a negotiator will accept before walking away from the table.
This communication technique involves restating what the other person said to show understanding and encourage elaboration.
The range between both parties' reservation points where a deal is possible.
This occurs when negotiators assume their interests directly conflict when they actually could both get what they want.