Ethics in Negotiations

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Ethics
Moral Compass
Definition: Ethics
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What is ethics?
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Branch of philosophy that deals with issues of
right and wrong in human affairs.
Reputation
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How do we judge the reputation/ethics of
us/others as negotiators?
Questionable Strategies
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Lying
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Traditional Competitive Bargaining

Bluffing

Falsification (i.e. lies of commission)

Deception (i.e. lies of omission)
FYI
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People who engage in negotiations with strangers
are more likely to use unethical behavior.
Men are more unethical in negotiations than
women.
People who attend religious services on a regular
basis are considered more ethical during
negotiations.
In a study done with MBA students, engineers
seemed most likely to engage in unethical
behavior, while those in environmental science
were least likely to engage in unethical behavior.
The older a person is, the less likely that he/she
will engage in unethical behavior.

Is there ever a time that you would have
to lie during a negotiation?
People Lie When…

Lie for a lie

One shot deal

Won’t get caught

Life or death
Self-Perception & Lies

People think they are behaving ethically.
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Illusion of Superiority

Similar to confirmation bias

Illusion of Control

Overconfidence
Tests of Ethics

Front Page Test

Reverse Golden Rule
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Role Modeling

Getting Advice
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