In negotiation, having your first offer immediately accepted by the counterparty is likely to lead to feelings of what might have gone differently. Having your first offer immediately accepted can also lead to: O improved preparation changing your BATNA the overconfidence effect hindsight bias

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter9: Decision Making Under Uncertainty
Section: Chapter Questions
Problem 37P
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In negotiation, having your first offer immediately accepted by the counterparty is likely to lead to
feelings of what might have gone differently. Having your first offer immediately accepted can also
lead to:
O improved preparation
O changing your BATNA
the overconfidence effect
O hindsight bias
Transcribed Image Text:In negotiation, having your first offer immediately accepted by the counterparty is likely to lead to feelings of what might have gone differently. Having your first offer immediately accepted can also lead to: O improved preparation O changing your BATNA the overconfidence effect O hindsight bias
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