Teichmann, Lars; Petrowsky, Hannes M.; Escher, Yannik A.; … - In: Group Decision and Negotiation 34 (2025) 4, pp. 823-848
Abstract Buyers often face a vexing decision regarding when and how ambitiously to counter a seller’s first offer. Drawing on over 26 million real-world, asynchronous, electronically mediated negotiations (Study 1) and a controlled experiment (Study 2), we examined how the timing (early vs....