Optimizing counteroffers: How timing and magnitude shape sale prices and impasses in 26 million asynchronous online negotiations

Publikation: Beiträge in ZeitschriftenZeitschriftenaufsätzeForschungbegutachtet

Standard

Optimizing counteroffers: How timing and magnitude shape sale prices and impasses in 26 million asynchronous online negotiations. / Teichmann, Lars; Petrowsky, Hannes M.; Escher, Yannik A. et al.
in: Group Decision and Negotiation, 04.06.2025.

Publikation: Beiträge in ZeitschriftenZeitschriftenaufsätzeForschungbegutachtet

Harvard

APA

Vancouver

Bibtex

@article{8f2ff944e4f34186b202f320a613c361,
title = "Optimizing counteroffers: How timing and magnitude shape sale prices and impasses in 26 million asynchronous online negotiations",
abstract = "Buyers often face a vexing decision regarding when and how ambitiously to counter a seller{\textquoteright}s first offer. Drawing on over 26 million real-world, asynchronous, electronically mediated negotiations (Study 1) and a controlled experiment (Study 2), we examined how the timing (early vs. late) and magnitude (ambitious vs. accommodating) of buyers{\textquoteright} counteroffers affect negotiation outcomes—specifically, final sale price and impasse risk. In Study 1, more ambitious counteroffers were associated with lower (i.e., more favorable) final prices for buyers, yet also increased the risk of impasse. Notably, we also uncovered a novel timing effect: late counteroffers led to more favorable final prices and reduced impasse risk. Study 2 (N = 213) provided causal evidence in a controlled experiment, demonstrating that both ambitious (vs. accommodating) and late (vs. early) counteroffers benefit buyers in asynchronous, electronically-mediated negotiations. Taken together, these findings underscore the importance of counteroffer timing and assertiveness in an increasingly common yet understudied context in negotiation research.",
keywords = "Anchoring, Conflict, Counteroffer, First offer, Impasse, Negotiations, Offer timing, Psychology, Business psychology",
author = "Lars Teichmann and Petrowsky, {Hannes M.} and Escher, {Yannik A.} and Lee, {Alice J.} and Loschelder, {David D.}",
note = "Publisher Copyright: {\textcopyright} The Author(s) 2025.",
year = "2025",
month = jun,
day = "4",
doi = "10.1007/s10726-025-09932-1",
language = "English",
journal = "Group Decision and Negotiation",
issn = "0926-2644",
publisher = "Springer Netherlands",

}

RIS

TY - JOUR

T1 - Optimizing counteroffers

T2 - How timing and magnitude shape sale prices and impasses in 26 million asynchronous online negotiations

AU - Teichmann, Lars

AU - Petrowsky, Hannes M.

AU - Escher, Yannik A.

AU - Lee, Alice J.

AU - Loschelder, David D.

N1 - Publisher Copyright: © The Author(s) 2025.

PY - 2025/6/4

Y1 - 2025/6/4

N2 - Buyers often face a vexing decision regarding when and how ambitiously to counter a seller’s first offer. Drawing on over 26 million real-world, asynchronous, electronically mediated negotiations (Study 1) and a controlled experiment (Study 2), we examined how the timing (early vs. late) and magnitude (ambitious vs. accommodating) of buyers’ counteroffers affect negotiation outcomes—specifically, final sale price and impasse risk. In Study 1, more ambitious counteroffers were associated with lower (i.e., more favorable) final prices for buyers, yet also increased the risk of impasse. Notably, we also uncovered a novel timing effect: late counteroffers led to more favorable final prices and reduced impasse risk. Study 2 (N = 213) provided causal evidence in a controlled experiment, demonstrating that both ambitious (vs. accommodating) and late (vs. early) counteroffers benefit buyers in asynchronous, electronically-mediated negotiations. Taken together, these findings underscore the importance of counteroffer timing and assertiveness in an increasingly common yet understudied context in negotiation research.

AB - Buyers often face a vexing decision regarding when and how ambitiously to counter a seller’s first offer. Drawing on over 26 million real-world, asynchronous, electronically mediated negotiations (Study 1) and a controlled experiment (Study 2), we examined how the timing (early vs. late) and magnitude (ambitious vs. accommodating) of buyers’ counteroffers affect negotiation outcomes—specifically, final sale price and impasse risk. In Study 1, more ambitious counteroffers were associated with lower (i.e., more favorable) final prices for buyers, yet also increased the risk of impasse. Notably, we also uncovered a novel timing effect: late counteroffers led to more favorable final prices and reduced impasse risk. Study 2 (N = 213) provided causal evidence in a controlled experiment, demonstrating that both ambitious (vs. accommodating) and late (vs. early) counteroffers benefit buyers in asynchronous, electronically-mediated negotiations. Taken together, these findings underscore the importance of counteroffer timing and assertiveness in an increasingly common yet understudied context in negotiation research.

KW - Anchoring

KW - Conflict

KW - Counteroffer

KW - First offer

KW - Impasse

KW - Negotiations

KW - Offer timing

KW - Psychology

KW - Business psychology

UR - http://www.scopus.com/inward/record.url?scp=105007238087&partnerID=8YFLogxK

U2 - 10.1007/s10726-025-09932-1

DO - 10.1007/s10726-025-09932-1

M3 - Journal articles

AN - SCOPUS:105007238087

JO - Group Decision and Negotiation

JF - Group Decision and Negotiation

SN - 0926-2644

ER -

DOI

Zuletzt angesehen

Publikationen

  1. Translating picturebooks
  2. US agricultural sector analysis on pesticide externalities – the impact of climate change and a Pigovian tax
  3. Stability of pollination services decreases with isolation from natural areas despite honey bee visits
  4. The basiphilous dry grasslands of shallow, skeletal soils (Alysso-Sedetalia) on the island of Öland (Sweden), in the context of North and Central Europe
  5. The Necessity and Challenges of Researching Sexual Abuse in Amish Communities
  6. Qualität der Bindung von Führungskräften an die AWO
  7. Marktorientierte Planung des Produktsystems
  8. A Sociocognitive Interpretation of Organizational Downsizing
  9. F. LeRon Shults: Reforming Theological Anthropology. After the Philosophical Turn to Relationality. Grand Rapids u.a. 2003
  10. Supplementing Q-method with narratives
  11. Macht Kampfsport gewalttätig ?
  12. Haeften, Hans Bernd von
  13. PROPERTY / EIGENTUM: Thematic Issue of "Texte zur Kunst", Nr. 117
  14. Kommentierung des § 44a VwGO (Rechtsbehelfe gegen behördliche Verfahrenshandlungen)
  15. Acceptance of Mobile Mental Health Treatment Applications
  16. Funny Fellows - Handpuppen als special guests in der Übergangsphase
  17. Partner Assessment as a Key to Entrepreneurial Success
  18. Verhandeln
  19. Organisation fur wirtschaftliche Zusammenarbeit und Entwicklung (OECD)
  20. Rettet die Bienen!
  21. Innovative public governance in times of crisis
  22. Ungleiche Partizipationschancen in heterogenen Lerngruppen
  23. Perspektiven der Teilwertabschreibung bei voraussichtlich dauernder Wertminderung
  24. Gesellschaftliche Individualisierung und lebenslanges Lernen
  25. Negotiating With Yourself and Winning
  26. Kurven des Lebens - Formen der Moderne