Please watch the following videos below for the Discussion Board:
Objectives:
During this week of Negotiation & Deal-Making, you will cover the importance of preparing and strategizing before your negotiations. As part of the classmate-to-classmate digital conversion, you will analyze preparation methods for negotiations, examine how game theory can be used to help predict the outcome of decisions, and examine the practical implications of using such techniques.
Please watch the videos below prior to starting the discussion board assignment.
Instructions:
Initial Post – DUE WEDNESDAY – Late policy applies (60%)
Please answer the following questions by copying and pasting the questions in the discussion post below. Please answer each question by providing a minimum of a full paragraph per question:
1. What are your thoughts regarding game theory?
2. How do you think the concepts of game theory and negotiating relate?
3. Do you think game theory is useful for negotiators?
4. How can you incorporate game theory into the principled negotiating techniques we have studied?
Response Post – DUE SUNDAY – Late policy applies (40%)
Respond to one of your classmates posts by providing at least one paragraph specifically analyzing through thoughtful reflections one of their answers to the questions above.
Deliverables:
Submit your initial post by Wednesday 11:59pm EST and your Responsive post by Sunday 11:59pm EST on the FSO platform discussion board.
