Psychology & Psychiatry

Women outperform men in some financial negotiations, research finds

In certain circumstances, women may be more effective than men when negotiating money matters, contrary to conventional wisdom that men drive a harder bargain in financial affairs, according to a new meta-analysis published ...

Psychology & Psychiatry

A little anger in negotiation pays

During negotiations, high-intensity anger elicits smaller concessions than moderate-intensity anger, according to a new study by management and business experts at Rice University and Northwestern University.

Diseases, Conditions, Syndromes

WHO chief hopes for 'historic' pandemic accord

A new pandemic accord under negotiation must be a "historic agreement" marking a dramatic shift in the approach to global health security after the COVID crisis, the WHO chief said Sunday.

Psychology & Psychiatry

Not always cool to stay cool in negotiations, study finds

Negotiators shouldn't always try to keep their cool during a heated meeting. Trying to suppress their anger about important points related to the negotiations could, in fact, cause them to lose the focus of discussions, says ...

Other

Baxalta rejects Shire's $30 bn hostile bid (Update)

Dublin-based pharmaceutical group Shire said Tuesday it had bid $30 billion (27 billion euros) for Baxalta to form a global biotech company, an offer soundly rejected by the US firm.

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Negotiation

Negotiation is a dialogue between two or more people or parties, intended to reach an understanding, resolve point of difference, or gain advantage in outcome of dialogue, to produce an agreement upon courses of action, to bargain for individual or collective advantage, to craft outcomes to satisfy various interests of two people/parties involved in negotiation process. Negotiation is a process where each party involved in negotiating tries to gain an advantage for themselves by the end of the process. Negotiation is intended to aim at compromise.

Negotiation occurs in business, non-profit organizations, government branches, legal proceedings, among nations and in personal situations such as marriage, divorce, parenting, and everyday life. The study of the subject is called negotiation theory. Professional negotiators are often specialized, such as union negotiators, leverage buyout negotiators, peace negotiators, hostage negotiators, or may work under other titles, such as diplomats, legislators or brokers.

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