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GW Law Faculty Publications & Other Works

2003

Bargaining Efficiency

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Full-Text Articles in Law

The Negotiation Process, Charles B. Craver Jan 2003

The Negotiation Process, Charles B. Craver

GW Law Faculty Publications & Other Works

This article explores the six formal stages of the negotiation process to demonstrate to readers how structured bargaining encounters are. During the Preparation Stage, negotiators have to acquire critical information and determine: (1) their bottom lines; (2) their goals; and (3) their opening offers. During the Preliminary Stage, they should work to establish rapport with opponents and to create positive negotiating environments that will be more conducive to cooperative bargaining. During the Information Stage, negotiators must ask open-ended questions designed to discover what items are available for division - value creation. During the Distributive Stage, the participants vie for the …


Negotiation Styles: The Impact On Bargaining Transactions, Charles B. Craver Jan 2003

Negotiation Styles: The Impact On Bargaining Transactions, Charles B. Craver

GW Law Faculty Publications & Other Works

This article discusses the three major negotiating styles and their impact on bargaining interactions. The first is the Cooperative/Problem-Solving style in which the participants are entirely open with each other, and work to achieve fair agreements that maximize the joint gains they achieve. The Competitive/Adversarial style involves persons who are less open and strive to maximize their own returns. The third approach involves the Competitive/Problem-Solving style in which negotiators seek generous returns for themselves, but also work to maximize the joint returns achieved by both sides. Studies show that over half of Cooperative/Problem-Solvers are considered by their peers to be …