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Planet Money
Planet Money

Summer School 7: Negotiating and the empathetic nibble

Aug 23, 2023 · 33m
AI Summary
  • Effective negotiation requires understanding BATNA (best alternative to negotiated agreement) to know when to stand firm or walk away
  • Three case studies demonstrate tactical negotiation: a hostage negotiator buying a car, salary negotiation at an airline booth, and food dispute resolution
  • Win-win negotiations focus on growing the pie and asking for what you want without being adversarial

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