Negotiation Flashcards

(8 cards)

1
Q

What is the fixed-pie fallacy?

A

People see problems as “zero-sum”, another one’s gain is their loss. This often results in suboptimal outcomes.

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2
Q

What kinds of behavior does the fixed-pie fallacy lead to?

A
  1. Soft bargaining: they resign themselves to capitulating to the other side
  2. Hard bargaining: they prepare themselves for an attack
  3. Compromising: they seek a midpoint between their opposing desire
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3
Q

What is the story of the two sisters and what does it illustrate?

A

In the story, two sisters argue over a single lemon, each insisting they need the whole fruit. When asked why, one explains she needs the zest to bake a cake, while the other wants the juice to make lemonade. This simple story highlights the power of communication, the value of looking beyond surface demands, and the potential for win-win solutions when people focus on interests instead of competing over fixed positions.

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4
Q

What are integrative solutions?

A

Integrative solutions are outcomes in a negotiation or conflict where all parties have their interests met, often in a way that creates mutual gain.

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5
Q

What do integrative solutions require?

A
  • knowing your own and your partner’s priorities
  • breaking a single negotiation into its component parts
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6
Q

What is the difference between positions and interests?

A

Positions are what you say you want, interests are what motivates those wants.

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7
Q

What are three incorrect assumptions people make about emotions in a negotiation?

A

You should ignore or stifle your emotions to be more rational
- emotions are data points that should not and cannot be ignored
Your emotions in a negotiation are your own
- emotions are highly contagious and transferrable
You should separate the people from the problem
- results and relationships are often intertwined - and both are important

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8
Q

How can you negotiate effectively?

A
  • know what you have (Best Alternative To Negotiated Agreement)
  • know how to package offers (multiple equivalent simultaneous offers)
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