Cooperative bargaining

Cooperative bargaining is a negotiation strategy where parties work together to reach a mutually beneficial agreement. Unlike competitive negotiation, where the focus is on maximizing one's own gain often at the expense of the other party, cooperative bargaining emphasizes collaboration and finding a win-win solution. Key aspects of cooperative bargaining include: 1. **Open Communication**: Parties are encouraged to share their interests, preferences, and constraints openly, fostering trust and understanding.