419602-FS2026-0-The psychology and economics of negotiations





Root number 419602
Semester FS2026
Type of course Lecture
Allocation to subject Business Administration
Type of exam not defined
Title The psychology and economics of negotiations
Description Negotiations are a central element of economic decision-making processes—within firms as well as in political, institutional, and private contexts. This course provides the economic foundations of strategic negotiation and systematically integrates them with empirical insights from behavioral economics and psychology.

The focus lies on game-theoretic models, concepts such as BATNA, ZOPA, coalition formation, and contingent agreements, as well as contemporary behavioral findings on decision-making and strategic influence. Students learn to analyze negotiation situations in a structured manner, identify integrative potential, and critically evaluate and strategically deploy empirical evidence.

The course is practice-oriented: Through numerous simulations, students directly apply theoretical concepts and reflect on their strategic and institutional implications.
ILIAS-Link (Learning resource for course) No registration/deregistration in CTS (Admission in ILIAS possible). ILIAS
Link to another web site
Lecturers Dr. Sebastian BergerInstitute of Organization and Human Resource Management 
ECTS 3
Recognition as optional course possible Yes
Grading 1 to 6
 
Dates Friday 10:15-12:00 Weekly
Friday 29/5/2026 17:00-18:00
Wednesday 9/9/2026 12:30-13:30
 
Rooms Auditorium Maximum 110, Hauptgebäude H4
 
Students please consult the detailed view for complete information on dates, rooms and planned podcasts.