Title: In negotiation, buyers and sellers may adopt differing bargaining positions for an object, but their ... Post by: bchangia on Jul 24, 2017 In negotiation, buyers and sellers may adopt differing bargaining positions for an object, but their private valuations for the object should not differ as a consequence of who has possession. The endowment effect is best described as:
A) the intrinsic value we associate with a certain outcome B) the difference between what sellers demand and what buyers are willing to pay C) saving money instead of purchasing goods D) a tendency for people to value an object more once they own it Title: Re: In negotiation, buyers and sellers may adopt differing bargaining positions for an object, but ... Post by: kenttod on Jul 24, 2017 Content hidden
|