When price precision pays in negotiations

When negotiating, is an offer of 99.95 euros better than 100 euros? Our recent study shows that there is no universally true answer to the question of price precision and that the right strategy depends on with whom you are negotiating.

Saved in:
Bibliographic Details
Main Author: SCHAERER, Michael
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2017
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/5241
https://ink.library.smu.edu.sg/context/lkcsb_research/article/6240/viewcontent/When_Price_Precision_Pays_in_Negotiations.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English
id sg-smu-ink.lkcsb_research-6240
record_format dspace
spelling sg-smu-ink.lkcsb_research-62402017-08-30T09:10:06Z When price precision pays in negotiations SCHAERER, Michael When negotiating, is an offer of 99.95 euros better than 100 euros? Our recent study shows that there is no universally true answer to the question of price precision and that the right strategy depends on with whom you are negotiating. 2017-01-01T08:00:00Z text application/pdf https://ink.library.smu.edu.sg/lkcsb_research/5241 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6240/viewcontent/When_Price_Precision_Pays_in_Negotiations.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection Lee Kong Chian School Of Business eng Institutional Knowledge at Singapore Management University Economic Theory Organizational Behavior and Theory
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Economic Theory
Organizational Behavior and Theory
spellingShingle Economic Theory
Organizational Behavior and Theory
SCHAERER, Michael
When price precision pays in negotiations
description When negotiating, is an offer of 99.95 euros better than 100 euros? Our recent study shows that there is no universally true answer to the question of price precision and that the right strategy depends on with whom you are negotiating.
format text
author SCHAERER, Michael
author_facet SCHAERER, Michael
author_sort SCHAERER, Michael
title When price precision pays in negotiations
title_short When price precision pays in negotiations
title_full When price precision pays in negotiations
title_fullStr When price precision pays in negotiations
title_full_unstemmed When price precision pays in negotiations
title_sort when price precision pays in negotiations
publisher Institutional Knowledge at Singapore Management University
publishDate 2017
url https://ink.library.smu.edu.sg/lkcsb_research/5241
https://ink.library.smu.edu.sg/context/lkcsb_research/article/6240/viewcontent/When_Price_Precision_Pays_in_Negotiations.pdf
_version_ 1770573630213718016