Abstract

Negotiation theories and methods originating in the United States are widely used outside their country of origin, in many cases with no adaptation beyond mere translation. This paper considers whether such a direct transplant of negotiation methods and materials is valid, taking into consideration the difference between the common law’s aleatory theory of contract and the pre-contractual good faith required when negotiating in the civil-law world. In particular, the paper examines the negotiation concept of BATNA, in light of the civil law’s rules on the unjustified breaking-off of negotiations, and concludes with proposed solutions to this problem; including the management of reliance interests and expansion of the concept of Reserve Value to take into account estimated pre-contractual liability.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.