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A Tale of Two Partners:Differences in the Relationship Development of Buyers and Sellers in a Negotiation


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1 Eberly College of Business & Information Technology, Indiana University of Pennsylvania, United States
 

Relationship development in the business context can be influenced by several direct and indirect factors. The role of the business partner is one factor that is considered in this study. Research in social psychology, sociology, economics, and marketing in the domain of buyer-seller relationships and negotiations is reviewed. The differential impact of attitudinal trust, subjective norms, commitment and relationship strength on the outcome of buyers and sellers in a simulated business-to-business negotiation is examined. Results from over seventy negotiating pairs in a longitudinally structured experiment role-playing to be either the buyer or the seller are reported. The behavioral outcomes of buyers and sellers are compared. Finally, specific directions for extending this research are presented.

Keywords

Relationship Strength, Buyer-Seller Relationships, Negotiation Behaviour, Attitudional Trust, Subjective Norms, Commitment.
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  • A Tale of Two Partners:Differences in the Relationship Development of Buyers and Sellers in a Negotiation

Abstract Views: 291  |  PDF Views: 83

Authors

Parimal S. Bhagat
Eberly College of Business & Information Technology, Indiana University of Pennsylvania, United States
Albohali Mohamed
Eberly College of Business & Information Technology, Indiana University of Pennsylvania, United States
Byramjee Framarz
Eberly College of Business & Information Technology, Indiana University of Pennsylvania, United States

Abstract


Relationship development in the business context can be influenced by several direct and indirect factors. The role of the business partner is one factor that is considered in this study. Research in social psychology, sociology, economics, and marketing in the domain of buyer-seller relationships and negotiations is reviewed. The differential impact of attitudinal trust, subjective norms, commitment and relationship strength on the outcome of buyers and sellers in a simulated business-to-business negotiation is examined. Results from over seventy negotiating pairs in a longitudinally structured experiment role-playing to be either the buyer or the seller are reported. The behavioral outcomes of buyers and sellers are compared. Finally, specific directions for extending this research are presented.

Keywords


Relationship Strength, Buyer-Seller Relationships, Negotiation Behaviour, Attitudional Trust, Subjective Norms, Commitment.