Sequential bargaining
id:
sequential-bargaining-311-6723906
title:
Sequential bargaining
text:
Sequential bargaining is a structured form of bargaining between two participants, in which the participants take turns in making offers. Initially, person #1 has the right to make an offer to person #2. If person #2 accepts the offer, then an agreement is reached and the process ends. If person #2 rejects the offer, then the participants switch turns, and now it is the turn of person #2 to make an offer. The people keep switching turns until either an agreement is reached, or the process ends w
brand slug:
wiki
category slug:
encyclopedia
description:
Bargaining procedure
original url:
https://en.wikipedia.org/wiki/Sequential_bargaining
date created:
date modified:
2023-11-30T08:15:31Z
main entity:
{"identifier":"Q60792029","url":"https://www.wikidata.org/entity/Q60792029"}
image:
fields total:
13
integrity:
14