Course summary

The idea that some people are born negotiators who employ the art of negotiation to achieve maximally beneficial results for their own purpose is a pervasive one, yet it is scientifically questionable. Instead, there may be much more of a science of negotiation, which can help individuals to prepare for, engage in, and close negotiations, and to do so more successfully. Negotiations are complex, of course, with outcomes ranging from getting the purchase price down on a new bike, to deciding the future of company employees during a takeover, or ending a hostage situation peacefully and without injury. By examining negotiations scientifically, we can establish basic principles that hold across different negotiation situations, which in turn allow us to identify factors that influence negotiation processes and outcomes.

Aim of the course

This seminar is aimed at Master students, who will learn the fundamental principles and concepts underlying negotiation theory and behavioral decision making. Based on concrete role-playing exercises featuring predefined goals, budgets, etc., students will develop and continually improve their negotiation skills, including how to frame, prepare, and conduct different kinds of negotiations.

Background literature

• Raiffa, H. E., Richardson, J., & Metcalfe, D. (2007). Negotiation analysis: The science and art of collaborative decision making. Cambridge: Harvard University Press.
• Malhotra, D. & Bazerman, M.H. (2007). Negotiation genius. New York: Dell.
• Fisher, R., & Ury, W. (1981). Getting to yes. New York, USA: Penguin.
• Session-specific readings will be announced as required.

Prerequisites

None.

Sessions Spring Semester 2025

The Negotiation seminar in FS25 takes place on Tuesdays, 2:15 pm - 3:45 pm (GMT+1). Also check the University of Basel course directory. All course materials will be circulated via ADAM.