Asked by Daniel Sanchez on Apr 25, 2024
Verified
In the nonstrategic view of bargaining
A) The games are played without identifying the specific strategies
B) Both the parties usually get some positive surplus
C) The bargaining outcome is affected by both the parties' disagreement values
D) All of the above
Nonstrategic View
An approach or perspective that does not involve long-term planning or consideration of competitive positioning.
Bargaining Outcome
The result of a negotiation process between two or more parties, often involving the terms of a transaction or agreement.
Disagreement Values
The outcomes each party in a negotiation could receive if they fail to reach an agreement.
- Become acquainted with the strategic merits found in both sequential and non-strategic bargaining processes.
- Recognize the role of disagreement value during bargaining processes.
Verified Answer
SI
soroor iraniMay 02, 2024
Final Answer :
D
Explanation :
In the nonstrategic view of bargaining, the games are played without identifying specific strategies, both parties usually get some positive surplus, and the bargaining outcome is affected by both parties' disagreement values. Therefore, option D is correct.
Learning Objectives
- Become acquainted with the strategic merits found in both sequential and non-strategic bargaining processes.
- Recognize the role of disagreement value during bargaining processes.