Psychology of Negotiation

Business & Economics - Psychology of Negotiation - 25 slides

Explore Psychology of Negotiation, covering This lecture focuses on the psychological factors that significantly influence negotiation outcomes, emphasizing.

Topics Covered

  • Introduction to Psychological Factors in Negotiation
  • Understanding Biases in Negotiation
  • Types of Cognitive Biases
  • Anchoring Bias Explained
  • Body Language: An Overview
  • Nonverbal Communication in Negotiation
  • Reading Body Language Cues
  • The Importance of Eye Contact
  • Case Study: Successful Negotiations and Body Language
  • The Psychological Contract in Negotiation
  • The Influence of Culture on Negotiation Styles
  • Emotional Intelligence in Negotiation
  • The Role of Preparation in Managing Biases
  • Frameworks for Analyzing Negotiation Dynamics
  • Confirmation Bias in Negotiation
  • Overconfidence Bias and Its Effects
  • Emotional Influences on Negotiation
  • The Role of Perception in Negotiation
  • Managing Emotions During Negotiation
  • The Role of Trust in Negotiation
  • Strategies for Building Rapport
  • Real-World Applications of Psychological Factors
  • The Future of Negotiation Research
  • Summary of Key Psychological Concepts
  • Conclusion and Takeaways

References

  • Bazerman, M. and Neale, M. (1992) Negotiating Rationally. New York: Free Press.
  • Kahneman, D. (2011) Thinking, Fast and Slow. New York: Farrar, Straus and Giroux.
  • Bazerman, M. (2006) Judgment in Managerial Decision Making. 7th edn. New York: Wiley.
  • Tversky, A. and Kahneman, D. (1974) Judgment under Uncertainty: Heuristics and Biases. Science, 185(4157), pp.1124-1131.
  • Mehrabian, A. (1971) Silent Messages: Implicit Communication of Emotions and Attitudes. Belmont, CA: Wadsworth.
  • Hall, E.T. (1966) The Hidden Dimension. New York: Doubleday.
  • Ekman, P. (1969) Techniques for Facial Expression Analysis. California.
  • Argyle, M. (1975) Bodily Communication. London: Methuen.
  • Fisher, R., Ury, W. and Patton, B. (2011) Getting to Yes: Negotiating Agreement Without Giving In. 3rd edn. London: Penguin Books.
  • Rousseau, D.M. (1989) 'Psychological and implied contracts in organizations.' Employee Responsibilities and Rights Journal, 2(2): 121–139.
  • Hofstede, G. (1980) 'Culture's Consequences: International Differences in Work-Related Values.' Beverly Hills: Sage Publications.
  • Bazerman, M.H. and Moore, D.A. (2012) Judgment in Managerial Decision Making. 8th edn. Hoboken: Wiley.
  • Thompson, L. (2005) The Mind and Heart of the Negotiator. 3rd edn. Upper Saddle River: Pearson.
  • Nickerson, R.S. (1998) 'Confirmation bias: A ubiquitous phenomenon in many guises.' Review of General Psychology, 2(2), pp.175-220.
  • Moore, D.A. & Healy, P.J. (2008) 'The trouble with overconfidence.' Psychological Review, 115(2), pp.502-517.
  • George, J.M. & Dane, E. (2007) 'Emotions and negotiation performance.' Journal of Economics & Psychology, 28(2), pp.216-224.
  • Goleman, D. (1995) Emotional Intelligence. New York: Bantam Books.
  • Lewicki, R.J., Barry, B., and Saunders, D.M. (2015) Negotiation. New York: McGraw-Hill Education.
  • Adams, R. (2015) Winning Negotiations Through Communication. New York: Business Publications.
  • Lewicki adaptation
  • Hofstede, G. (1980). Culture's Consequences: International Differences in Work-Related Values. Beverly Hills: Sage.
  • Rahwan, I. et al. (2019). Machine Behavior. Nature 568, 477–486.
  • Kahneman, D. (2011). Thinking, Fast and Slow. New York: Farrar, Straus and Giroux.
  • Goleman, D. (1995). Emotional Intelligence. New York: Bantam Books.
  • Fisher, R., Ury, W., and Patton, B. (2011). Getting to Yes: Negotiating Agreement Without Giving In. New York: Penguin.
  • Lewicki, R.J., Saunders, D.M., and Barry, B. (2020). Negotiation. 8th edn. New York: McGraw-Hill.
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