System of Negotiations: Game Theory and Behavioral Economics in Procurement – the Guide for Professionals

Author:   René Schumann ,  Stefan Oswald ,  Philippe Gillen
Publisher:   Springer
ISBN:  

9783658402679


Pages:   129
Publication Date:   10 April 2024
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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System of Negotiations: Game Theory and Behavioral Economics in Procurement – the Guide for Professionals


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Overview

This book presents criteria and recommendations for successful negotiations. The System of Negotiations, which was developed on a scientific basis for this purpose, clearly illustrates the most important steps, tools and applications. By using game theory and behavioral economics, the success of negotiations in purchasing can be systematically maximized. At the same time, transparency and fairness offer a high level of acceptance among negotiating partners. To this end, numerous practical examples are used to show how contracts can be awarded in the event of competition between suppliers, and how various auction formats and differentiated communication can be used to achieve optimal savings potential. Also for situations where the supplier is a monopolist, ways are described to avoid being at the mercy of pricing power.

Full Product Details

Author:   René Schumann ,  Stefan Oswald ,  Philippe Gillen
Publisher:   Springer
Imprint:   Springer
ISBN:  

9783658402679


ISBN 10:   3658402679
Pages:   129
Publication Date:   10 April 2024
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

System of Negotiations.- Purchasing Negotiations under Competitive Conditions and with Monopolists.- Prospects and Areas of Application.- New Opportunities through Digitalization.- Glossary.

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Author Information

René Schumann is the founder and CEO of the Negotiation Advisory Group. He has many years of experience in purchasing negotiations in the automotive sector and in management consulting. Stefan Oswald is founder and CEO of the Negotiation Advisory Group. He gained his numerous experiences in game theory in strategic material purchasing at Daimler AG, among others. Dr. Philippe Gillen is responsible for the topic of Data Science and its application in negotiations at the Negotiation Advisory Group. 

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