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Bargaining

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Definition of the noun bargaining

What does bargaining mean as a name of something?

noun

  1. the negotiation of the terms of a transaction or agreement
    • examples: Admittedly, models of hegemonic order cannot provide an explanation for all observed successful bargaining strategies. | She's good at bargaining the price down. | This isn't a bazaar, where you can start bargaining on prices. | Tom is good at bargaining the price down.
    • lexical domain: Communicative Processes - nouns denoting communicative processes and contents
    • more generic words: dialogue / negotiation / talks = a discussion intended to produce an agreement
    • more specific terms:
      • plea bargaining / plea bargain = a negotiation in which the defendant agrees to enter a plea of guilty to a lesser charge and the prosecutor agrees to drop a more serious charge
      • wrangling / haggling / wrangle / haggle = an instance of intense argument
      • holdout = a refusal by a negotiator to come to terms in the hope of obtaining a better deal

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"Bargaining" is a composition.

Miscellanea

Bargaining or haggling is a type of negotiation in which the buyer and seller of a good or service debate the price and exact nature of a transaction. If the bargaining produces agreement on terms, the transaction takes place. Bargaining is an alternative pricing strategy to fixed prices. Optimally, if it costs the retailer nothing to engage and allow bargaining, he/she can divine the buyer's willingness to spend. It allows for capturing more consumer surplus as it allows price discrimination, a process whereby a seller can charge a higher price to one buyer who is more eager. Haggling has largely disappeared in parts of the world where the cost to haggle exceeds the gain to retailers for most common retail items. However, for expensive goods sold to uninformed buyers such as automobiles, bargaining can remain commonplace.

  • also known as 讨价还价

Phrases with Bargaining

Phrases starting with the word Bargaining:

  1. bargaining chip
  2. Bargaining unit
  3. Bargaining power

Phrases ending with the word Bargaining:

  1. plea bargaining
  2. collective bargaining

Printed dictionaries and other books with definitions for Bargaining

Click on a title to look inside that book (if available):

Google previewAmerican Labor and the American Spirit (1954)

Unions, Labor-management Relations, and Productivity by Witt Bowden

Collective bargaining is the central fact, the focal procedure, of labor- management relations. There is no...

Nevertheless, since by its essential nature, collective bargaining is a voluntary process, it does not necessarily result in agreement.

Google previewHuman Resource Management (2009)

by Zaidi

Collective bargaining is that arrangement whereby the wages components of remuneration and conditions of employment of workman are settled...

Google previewThe Informed Student Guide to Management Science (2002)

by Hans G. Daellenbach, Robert L. Flood

Bargaining is the system of activities, or a subprocess, within the broader process of negotiation. It refers to the stage...

Google previewHR 2 (2013)

by Angelo DeNisi, Ricky Griffin

Collective bargaining is the process by which managers and union leaders negotiate acceptable terms and conditions ofemployment for those workers represented by the unions. The historical formation of U.S. labor unions closely parallels ...

Google previewThe Formation of the BRICS and its Implication for the United States (2014)

Emerging Together by M. Schaefer, J. Poffenbarger

The second problem that Young points to that can arise from unanimity bargaining is the prevalence of a hijacker, that...

The question of leadership in institutional bargaining is an interesting line of thought when considering the diversity of ...

Google previewFundamental Rights at Work and International Labour Standards Plus International Labour Standards Electronic Library (CD-ROM) (2005)

by International Labour Office, Geneva

other relevant instruments, and the principles established by the Committee of Experts on the basis of these instruments, may be summarized as follows: • The right to collective bargaining is a fundamental right endorsed by the Members of ...

Google previewCommunity Practice (2011)

Theories and Skills for Social Workers by David A. Hardcastle

Bargaining is the compromise strategy and involves give-and-take: winning some and losing some.

Google previewCorporations and Other Business Associations (2016)

by CTI Reviews

bargaining: Bargaining is a type of negotiation in which the buyer and seller...

Google previewStrategic Management, Competitiveness and Globalization, Concepts and Cases (2016)

by CTI Reviews

Bargaining: Bargaining is a type of negotiation in which the buyer and seller of a good or service dispute the price which will be paid and the exact nature of the transaction that will...

Google previewEncyclopedia of Public Administration and Public Policy: K-Z (2003)

by Jack Rabin

INTRODUCTION A bargaining unit decision necessarily precedes labor- management collective bargaining, because it helps to determine with whom the employer must deal ...

Google previewRoutledge Encyclopedia of International Political Economy: Entries A-F (2001)

by R. J. Barry Jones

bargaining: advantageous factors 4 Location in the structure: It is possible to possess power by virtue of one's position in an organizational situation. Even if not actually in a position of great authority, a person can be situated in position that ...

Google previewThe Encyclopedia of American Law (2009)

by David Andrew Schultz

plea bargaining 331 plea bargaining is an agreement in a criminal case between the attorney for the government and the attorney for the defendant. It is estimated that more than 90 percent of all criminal cases are eventually resolved through ...

Google previewInternational Encyclopedia of Economic Sociology (2013)

by Jens Beckert, Milan Zafirovski

the bargaining solution was Pareto optimal so that not both players could be made better off. A third axiom was called the independence of irrelevant alternatives. This third axiom stated that the ...

Google previewA Dictionary of Human Resource Management (2008)

by Edmund Heery, Mike Noon

Itis important tonotethat bargaining coverage is not the same asunion density andthat in most countriesa higher proportion of workers arecovered bycollective bargaining thanaretrade union members. Indeed, incountries with centralized ...

Google previewThe Oxford Encyclopedia of American Business, Labor, and Economic History (2013)

by Melvyn Dubofsky

Although the term “collective bargaining” originated in Britain, it also became widely adopted by American trade unionists. Samuel Gompers, the longtime president ofthe American Federation of Labor and himself an immigrant cigar maker, ...

Google previewReal-World Decision Making: An Encyclopedia of Behavioral Economics (2015)

An Encyclopedia of Behavioral Economics by Morris Altman

BArgAInIng Power sellers—over the competitive price of a good. It is not simply a matter of supply and demand mechanically determining prices (Porter 1998). The bargaining problem itself arises whenever (1) there are resources (potential ...

Google previewInternational Encyclopedia of Political Science (2011)

by Bertrand Badie, Dirk Berg-Schlosser, Leonardo Morlino

Bargaining is an everyday activity that pervades all social life and, arguably, is the most important mode by which political decisions are made. It summarizes all social activities in which individuals or corporate actors have a common interest in ...

Google previewThe Dictionary of Modern Economics (1983)

by D. W. Pearce

Bargaining Theory of Wages. Wages are commonly fixed in a collective bargaining process; an arrangement that differs mechanically from the orthodox demand—supply adjustment process. The bargaining theory of wages refers to model ...

Google previewA Dictionary of Economics (2016)

by Nigar Hashimzade, Gareth Myles, John Black

Bargaining occurs in formal economic contexts (for example, between a firm and a union over the wage rates) and in informal settings (for example, within the family over the allocation of domestic chores). It is also of major importance in the ...

Google previewEncyclopedia of Race and Crime (2009)

by Helen Taylor Greene, Shaun L. Gabbidon

Plea bargaining is an admission of guilt in exchange for a reduced charge or sentence. It is arguably one of the most publicized and controversial manifestations of the courtroom. Affecting practically every phase of the criminal justice system, ...

Google previewThe SAGE Encyclopedia of Economics and Society (2015)

by Frederick F. Wherry, Juliet B. Schor, Consulting Editor

Personal bargaining process: The classic “man versus himself” conflict characterizes the personal bargaining process, whereby an individual experiences an internal struggle and is part of a course of action(s) to resolve conflicting needs and ...

Online dictionaries and encyclopedias with entries for Bargaining

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Photos about Bargaining

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bargaining

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Small photo of A man, tourist, negotiating the price of hill tribe souvenirs in Chiang Mai, Thailand - bargaining skillSmall photo of A man, tourist, negotiating the price of hill tribe souvenirs in Chiang Mai, Thailand - bargaining skillSmall photo of ISTANBUL, TURKEY - 17 MARCH, 2018: A customer and a seller bargaining at Grand BazaarSmall photo of A woman bargaining a price at a bracelet storeSmall photo of Hanoi Vietnam - Dec 2017: People bargaining for goods on a mobile bamboo basket found in the old quarter of HanoiSmall photo of Hanoi Vietnam - Dec 2017: People bargaining for goods on a mobile bamboo basket found in the old quarter of HanoiSmall photo of Riyadh, Saudi Arabia - circa 2015: An expat looks for an item at a souvenir shop or Arabic souk in Dirah disctrict where price is set through bargaining More...

Video language resources about Bargaining

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View more videos about Bargaining unit, Plea Bargaining, Bargaining power, and Collective bargaining.

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Quotes about Bargaining

Unfortunately, in collective bargaining one party or the other too often tries to gain an advantage - a bargain, like buying something in a store for less than it is worth. (Charles E. Wilson)
more quotes about bargaining...

Scrabble value of B3A1R1G2A1I1N1I1N1G2

The value of this 10-letter word is 14 points. It is included in the first and second editions of the Official Scrabble Players Dictionary.

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