Risk-Seeking
[risk] [seek-ing]
A high level or approach in the amount of risk that a negotiator is prepared to accept in a negotiation.. A negotiator who decides to gamble rather than accept the ‘sure thing’, and who has the expectation that they will gain more in a negotiation is said to be ‘risk-seeking’.
YOU MAY ALSO LIKE
BATNA Explained
Having good options available before you start negotiating is best practice. You'll feel empowered and confident to either reach a mutually satisfactory agreement, or walk away
read more
Value Creation in Negotiations
Shows how to create value in all your business negotiations, and find strategies to develop a collaborative and cooperative framework to achieve more at the negotiating table.
read more
Creative Problem-Solving in Negotiations
A study that shows how effective creative problem solving can benefit any negotiation.
read more