What is integrative bargaining? When does it occur? What are the five \"buckets\
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Question
What is integrative bargaining? When does it occur?
What are the five "buckets" in a bucket bargaining model?
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Explanation / Answer
Multiple questions asked.
Q1 is answered below.
Integrative bargaining is a type of negotiative bargaining technique in which parties come together to collaborate in order to find a win-win solution to the problem. It is a very important approach in bargaining, as it helps in reaching a mutually beneficial outcome.
It occurs in cases two parties are not able to achieve at an outcome individually, and find it beneficial to come together to decide upon a decision.
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