Spring 2009 EMBA Course

B7462-100: Seminar in Managerial Negotiations

Global 2010, meets at the same time as B7303 - 05:00AM to 06:00AM

Instructor: Elke Weber

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Negotiations is the art and science of creating agreements between two or more parties.  This course has two purposes.  First, we will discuss and apply theories developed as guides to improving negotiating.  (That's the science.)  Secondly, students will develop and sharpen negotiating skills by negotiating with other students in realistic cases.  (That's the art.)  Although negotiation is something we do every day, we seldom have an opportunity to reflect upon our experience and systematically calibrate our negotiating strategy.  This course provides that opportunity.  By negotiating with each other in realistic cases, students can experiment with, and see the consequences of, different negotiating strategies.  (And it is safe to experiment in a classroom.)  This allows students to develop negotiating skills by observing not only what they did but also what others did in similar situations.  Students will also benefit from learning and applying negotiation theories such as behavioral science and game theory.  This version of Managerial Negotiations offered by the Decision, Risk and Operations Division provides a unique blend of both qualitative and quantitative analyses to address a wide range of topics in negotiations and decision making.



Elke Weber

Jerome A. Chazen Professor of International BusinessProfessor Weber works at the intersection of psychology and economics. She is an expert on behavioral models of judgment and decision making under risk and uncertainty. Recently she has been investigating psychologically appropriate ways to measure and model individual and cultural differences in risk taking, specifically in risky financial situations and environmental decision making and policy. Weber is past president of the Society for Judgment...

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