Negotiation Innovation
Negotiation Innovation
Christopher Meyer
The Costs and Benefits of Transparency
17 minutes Posted Jul 13, 2021 at 10:00 am.
0:00
17:09
Download MP3
Show notes

New research shows that providing more information can impact the long-term benefits in a negotiation much more than previously thought. Providing a negotiating partner with information that can provide them with more profit, at your own expense, can impact trust and long-term relationships in a way that can dramatically impact your negotiation. This research even looks at the impact of providing the other negotiator with your reservation price, a previously unthinkable strategy.