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. Negotiators who have repeated interactions with others over a finite amount of

ID: 2593988 • Letter: #

Question

. Negotiators who have repeated interactions with others over a finite amount of time can use the mechanism of backward induction to: analyze and improve their negotiation strategy by looking backward from the last stage of a negotiation to the first decide that nothing can be done differently during the next interaction to increase their slice of the pie escalate conflict over each subsequent interaction analyze and improve their negotiation strategy by looking sequentially forward from the first interaction to the last a. b. c. d.

Explanation / Answer

Negotiators who have repeated interactions with others over a finite amount of time can use the mechanism of backward induction to analyze and improve their negotiation strategy by looking backward from the last stage of a negotiation to the first Option A is correct