“How To Use Game Theory To Win More Negotiations” – Negotiation Tip of the Week“How To Use Game Theory To Win More Negotiations” – Negotiation Tip of the Week https://c-suitenetwork.com/advisors/wp-content/themes/csadvisore/images/empty/thumbnail.jpg 150 150 Greg Williams, MN, CSP https://secure.gravatar.com/avatar/1f08a50bcaed92eae0990a65c7808a62?s=96&d=mm&r=g
“To practice better for real negotiations, engage in real game theory strategies. It’ll help your practice become the reality you seek.” -Greg Williams, The Master Negotiator & Body Language Expert (click to Tweet) Click here to get the book!
“How To Use Game Theory To Win More Negotiations”
People don’t realize they’re always negotiating.
Before engaging in high-stakes negotiations, negotiators delve into game theory to enhance their probability of a favorable outcome. They do so to simulate situations they might encounter in a real negotiation. It’s like practicing before the event. But how they practice determines the degree of success they’ll have in the talks. And that’s based on the game theory activities in which one engages. That’s why it’s essential to understand how to use game theory correctly if you want to win more negotiations. If not done correctly, you could be reinforcing bad negotiation habits. That can lead to negative results. And I’m sure you don’t want that.
Remember, you’re always negotiating!
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After reading this article, what are you thinking? I’d like to know. Reach me at Greg@TheMasterNegotiator.com
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