"Why are contracts incomplete? Transaction costs and bounded rationality cannot be a total explanation since states of the world are often describable, foreseeable, and yet are not mentioned in a contract. Asymmetric information theories also have limitations. We offer an explanation based on...

William Ury ist Mitautor des Longsellers "Das Harvard-Konzept" (zuletzt BA 8/04) und Autor des Titels "Schwierige Verhandlungen" (BA 12/95). In seinem neuen Titel beschreibt er das eigene "Nein" in Verhandlungsprozessen mit dem Ziel, das Gegenüber nicht zu verletzen und die...

This study contrasts the rate of impasse in genders in face-to-face negotiations for newly trained women and men. The empirical study analyzed negotiators’ negotiation impasse rates based on gender using a two-tailed t-test. The bargainers were involved in a series of ten high-stakes, zero-sum...

For product supply chains, contractual relationships that provide win-win outcomes between the supply chain members, have been found to offer optimum results. However, for bargaining situations where time/cost is the source of the uncertainty, i.e. projects, there is limited knowledge available...

Is the willingness to make trades influenced by how the total gains from trade are split between the trading partners? We present results from a bilateral trade game (n = 128) where all participants were price-takers and trading pairs faced one of three exogenously imposed trading prices. The...