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        Broad Types of Concession Curves:

        People's concession curves might be characterized as falling into one of a few broad categories.

        Instead of the straight line described earlier, some people's concession making follows curves.


        One type of concession curve looks sort of like a the letter "L". Suppose your opponent makes

        large concessions early on, and then stops making large concessions. His concessions get smaller in order to

        convey a "firmness" in his bargaining position.

 

L-shaped concession curve; small changes show firmness

 

 

 

 

 

 

       

 

 

        If you know this is how your opponent behaves, then when he shifts from making large concessions to making

        small ones, then you know that you have received about as good an offer as you are likely to get from him.

        Such individuals often get very irritated if you make very small concessions when they are making large ones --

        they feel that you are trying to take advantage of them or you are not serious about negotiating.

      Review Question:
The dealer made large concessions for the first hour, but then, after an hour of bargaining, shifted

strategy and made small concessions as shown in the graph above. Based on the information presented

in the tutorial, the car dealer:

Click here if you think this is the best answer. Is unlikely to sell the car for less than $6,000
Click here if you think this is the best answer. Is willing to sell the car for $5,500 but is simply "pausing" in his concession making.
Click here if you think this is the best answer. Is waiting to see what you do before resuming large concession making.
Click here if you think this is the best answer. Is unlikely to sell the car for less than $9,000.
 

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