Define biases and provide examples of common biases


Review the article below and discuss the following:

Bazerman, M. H. Beware Your Counterpart's Biases Retrieved from: Harvard Business Publishing Newsletters

• Define biases and provide examples of common biases.

• Should you force the other party to make a quick decision in negotiation? Why or why not?

• When and why would you use a contingent agreement? (Be sure to define contingent agreement)

• As you saw in the article, sometimes parties or even people who are on our side provide us with inflated estimates or values for goods or property. How should you screen for this issue?

• Define competitive irrationality. How can you prevent or overcome this bias in a negotiation?

• APA format

• 2-3 pages

• in text citations and references, checked for plagurism

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