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Bargaining power

Bargaining power is the relative ability of parties in a negotiation (such as bargaining, contract writing, or making an agreement) to exert influence over each other in order to achieve favourable terms in an agreement. This power is derived from various factors such as each party’s alternatives to the current deal, the value of what is being…

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Overview

Theories of distribution

Calculation

Buying power

Economic theory

Inequality

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Map overview Semantic statistics

Bargaining power

Nodes46
Edges45
Triples60
Avg. degree1.96
Density0.043478
Components1

How this topic connects Entity context

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Bargaining power

Top relations

related to Economic theory · 13
Bargaining power → A's, According, An, For, If, In, Nash, Nash Bargaining, Rubinstein, Schmitz, There, To, X-Y
related to Principal-Agent Theory · 8
Bargaining power → Jensen, Mechanisms, Meckling, Mirrlees, Ross, Stiglitz, The, This
related to Economic Theories of Bargaining · 6
Bargaining power → According, BATNA, Best Alternative, Economic, Negotiated Agreement, The
related to Calculation · 5
Bargaining power → American, Chamberlain, In, Neil, Several
related to Social Exchange Theory · 5
Bargaining power → According, Blau, Emerson, Social, This
related to Inequality · 3
Bargaining power → Inequality, This, Where
related to Buying power · 2
Bargaining power → Buying, For
related to Theories of distribution · 2
Bargaining power → The, These
is a · 1
Bargaining power → relative ability of parties in a negotiation
see also · 1
Bargaining power → BargainingCollective

Important terminology Word statistics

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Important terminology

bargaining power party theory parties agreement negotiations negotiation displaystyle influence greater game contract economics party's pi terms alternatives outcome theories

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Bargaining poweris arelative ability of parties in a negotiation0.90text
each party’s alternatives to the current dealinstance ofThis power is derived from various factors0.80text
the value of what is being negotiatedinstance ofThis power is derived from various factors0.80text
and the urgency of reaching an agreementinstance ofThis power is derived from various factors0.80text
improving one's alternativesinstance ofbargaining power is not static and can be enhanced through strategic actions0.80text
increasing the perceived value of one's offerinstance ofbargaining power is not static and can be enhanced through strategic actions0.80text
or altering the negotiation timelineinstance ofbargaining power is not static and can be enhanced through strategic actions0.80text
incentive schemesinstance ofMechanisms0.80text
performance monitoring are discussed as ways to align the interests of the principalinstance ofMechanisms0.80text
agentinstance ofMechanisms0.80text
thereby rebalancing bargaining power.Economic Theories of BargainingEconomic theories of bargaining often focus on how the allocation of resourcesinstance ofMechanisms0.80text
market conditionsinstance ofMechanisms0.80text

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