Comments on: Why Patience Pays Off in Negotiations http://mindyourdecisions.com/blog/2008/07/15/why-patience-pays-off-in-negotiations/ Articles on game theory and personal finance Sun, 20 May 2012 23:31:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: A Day in the Life of a Game Theorist: A Tribute to One Year of Game Theory Tuesdays - Mind Your Decisions http://mindyourdecisions.com/blog/2008/07/15/why-patience-pays-off-in-negotiations/comment-page-1/#comment-9512 A Day in the Life of a Game Theorist: A Tribute to One Year of Game Theory Tuesdays - Mind Your Decisions Sat, 20 Aug 2011 06:05:20 +0000 http://mindyourdecisions.com/blog/2008/07/15/why-patience-pays-off-in-negotiations/#comment-9512 [...] Your selling strategy works very well and is the strategy that many people use all the time. I have used it before as well, but I have never really consciously sat down and thought about it to break it down piece by piece. You bring up some great points and insights about why we sell in this way and how we can improve it. Jun in Why Patience Pays in Negotiations (link) [...] [...] Your selling strategy works very well and is the strategy that many people use all the time. I have used it before as well, but I have never really consciously sat down and thought about it to break it down piece by piece. You bring up some great points and insights about why we sell in this way and how we can improve it. Jun in Why Patience Pays in Negotiations (link) [...]

]]> By: A Day in the Life of a Game Theorist: A Tribute to One Year of Game Theory Tuesdays - Mind Your Decisions http://mindyourdecisions.com/blog/2008/07/15/why-patience-pays-off-in-negotiations/comment-page-1/#comment-9513 A Day in the Life of a Game Theorist: A Tribute to One Year of Game Theory Tuesdays - Mind Your Decisions Sat, 20 Aug 2011 06:05:20 +0000 http://mindyourdecisions.com/blog/2008/07/15/why-patience-pays-off-in-negotiations/#comment-9513 [...] Your selling strategy works very well and is the strategy that many people use all the time. I have used it before as well, but I have never really consciously sat down and thought about it to break it down piece by piece. You bring up some great points and insights about why we sell in this way and how we can improve it. Jun in Why Patience Pays in Negotiations (link) [...] [...] Your selling strategy works very well and is the strategy that many people use all the time. I have used it before as well, but I have never really consciously sat down and thought about it to break it down piece by piece. You bring up some great points and insights about why we sell in this way and how we can improve it. Jun in Why Patience Pays in Negotiations (link) [...]

]]> By: Michael http://mindyourdecisions.com/blog/2008/07/15/why-patience-pays-off-in-negotiations/comment-page-1/#comment-8395 Michael Wed, 27 Apr 2011 22:58:14 +0000 http://mindyourdecisions.com/blog/2008/07/15/why-patience-pays-off-in-negotiations/#comment-8395 The statement that "the [negotation] game continues indefinitely until both sides agree on an offer" is not always true. The buyer and seller might not be able to come to an agreement. In the above diagram this could be represented by a non-intersection between the curves of the buyer and seller. I wonder, is there a way for one side or the other to tell in advance whether this is the case? The statement that “the [negotation] game continues indefinitely until both sides agree on an offer” is not always true. The buyer and seller might not be able to come to an agreement. In the above diagram this could be represented by a non-intersection between the curves of the buyer and seller.

I wonder, is there a way for one side or the other to tell in advance whether this is the case?

]]> By: Selling an extra ticket – a math bargaining puzzle - Mind Your Decisions http://mindyourdecisions.com/blog/2008/07/15/why-patience-pays-off-in-negotiations/comment-page-1/#comment-6504 Selling an extra ticket – a math bargaining puzzle - Mind Your Decisions Tue, 27 Apr 2010 17:30:28 +0000 http://mindyourdecisions.com/blog/2008/07/15/why-patience-pays-off-in-negotiations/#comment-6504 [...] (For a game theory model on this, where buyer and seller have different preferences, see this article about patience in negotiations) [...] [...] (For a game theory model on this, where buyer and seller have different preferences, see this article about patience in negotiations) [...]

]]> By: How to avoid the winner’s curse using game theory - Mind Your Decisions http://mindyourdecisions.com/blog/2008/07/15/why-patience-pays-off-in-negotiations/comment-page-1/#comment-6217 How to avoid the winner’s curse using game theory - Mind Your Decisions Tue, 12 Jan 2010 05:03:47 +0000 http://mindyourdecisions.com/blog/2008/07/15/why-patience-pays-off-in-negotiations/#comment-6217 [...] and game theory. I will not discuss the issue here but I will mention that in such situations patience can be a negotiating asset. [...] [...] and game theory. I will not discuss the issue here but I will mention that in such situations patience can be a negotiating asset. [...]

]]>