Decision, Persuasion, and Negotiation

Study Board of Market and Management Anthropology, Economics, Mathematics-Economics, Environmental and Resource Management

Teaching language: English
EKA: B540041122, B540041102
Censorship: Second examiner: None
Grading: Pass/Fail, 7-point grading scale
Offered in: Odense
Offered in: Summer school (spring)
Level: Bachelor

Course ID: B540041101
ECTS value: 5

Date of Approval: 09-03-2021


Duration: Intensive course

Course ID

B540041101

Course Title

Decision, Persuasion, and Negotiation

Teaching language

English

ECTS value

5

Responsible study board

Study Board of Market and Management Anthropology, Economics, Mathematics-Economics, Environmental and Resource Management

Date of Approval

09-03-2021

Course Responsible

Name Email Department
Huanren Zhang huanren@sam.sdu.dk Institut for Virksomhedsledelse og Økonomi

Offered in

Odense

Level

Bachelor

Offered in

Summer school (spring)

Duration

Intensive course

Aim and purpose

Like it or not, we have to make numerous decisions every day, and most of our decisions concern how to persuade, how to negotiate, and how to exert influence on other people. Being effective in decision making, persuasion and negotiation is indispensable to be successful in almost any profession. Research has shown, however, even intelligent people are biased in ways that seriously limit the quality of their decisions and compromise their potential in persuading and influencing others. 


This course aims to help the students become more effective in decision-making, persuading, and negotiating. We will study the rationales that drive human behavior and the common biases that affect the quality of decisions, with a thorough examination of behavioral perspectives on decision-making, persuasion, and negotiation. We will go through applications of these principles in sales and marketing, financial decision-making, behavioral design, and product design (e.g., mobile apps). Cross-cultural persuasion and negotiation will be also discussed to help the students understand which principles and strategies are universal across cultures, and which apply only to specific cultures.

Content

  • Heuristics and biases in human judgment
  • Common persuasion techniques
  • Financial decision-making
  • Behavioral design, experience design, and product design
  • Opportunities of value creation in integrative negotiation
  • Principles of value appropriation in distributive negotiation
  • Common pitfalls in decision-making, persuasion, and negotiation
  • Cultural differences and their influence on persuasion and negotiation

Learning goals

After this course, the students will be able to
  • identify and avoid the common pitfalls in decision making, persuading, and negotiating, 
  • understand the heuristics and biases that are naturally entrenched in human judgment, 
  • recognize and utilize the most common persuasion techniques,
  • identify opportunities for value creation in negotiation.

Description of outcome - Knowledge

After this course, the students will be able to demonstrate knowledge on the course themes in such a way that they are able to discuss and evaluate:

  • Common heuristics and biases in decision making
  • Common techniques for persuasion and negotiation
  • Different types of negotiation and their preparation
  • The influence of culture differences in persuasion and negotiation

Description of outcome - Skills

After this course, the students will be able to demonstrate skills in such a way that they are able to:

  • Apply methods and models of decision, persuasion, and negotiation to specific problems
  • Assess and design solutions to problems similar/related to the examples seen in class

Description of outcome - Competences

After this course, the students will be able to demonstrate competence in such a way that they are able to:

  • Assess and design innovative solutions to one’s own problems related to persuasion and negotiation encountered in life or work, taking into account the concepts and theories learned in class

Literature

The course draws on a selection of book chapters that capture the important concepts and theories in decision-making, persuasion, and negotiation. Lecture notes for each class will be provided. The lecture notes are made self-sufficient and there are no required textbooks in this course. That said, you are highly recommended to read the following books to complement the lectures and deepen your understanding. 

Recommended reading:
  • Thinking, Fast and Slow by Daniel Kahneman
  • Influence by Robert Cialdini
  • Getting to Yes by Fisher, Ury, & Patton

Teaching Method

Classes will be a combination of lectures, group discussions, case studies, games/experiments, and negotiation role-play.

Workload

Scheduled classes:

3 hours of lectures per day (3x5) for 2 consecutive weeks

Each three-hour teaching session mixes the lecture and in-class exercises


Workload:

The students’ own work efforts (guideline) equal 27 hours per ECTS credit point. In total 135 hours in this course. The hours are distributed between preparation and class attendance, preparation for the exam, and the exam itself. The 135 work hours are distributed in the following way: 

  • Lectures: 30 hours
  • Preparation for lectures: app. 65 hours
  • Preparation for and the exam itself: app. 40 hours.

Examination regulations

Exam

Name

Exam

Timing

Exam: August

Reexam: September

Tests

Student activity

Name

Student activity

Form of examination

Portfolio

Censorship

Second examiner: None

Grading

Pass/Fail

Identification

Student Identification Card - Date of birth

Language

English

Duration

Specified in each activity.

Length

Specified in each activity, if not, unlimited.

Examination aids

All exam aids allowed.

Assignment handover

The assignment is handed over in Digital Exam or the course page in Itslearning.

Assignment handin

Electronic hand-in via Digital Exam or the course page in Itslearning.

ECTS value

1

Additional information

Student activity as part of the course includes

  1. Negotiation exercises
  2. Peer valuations on negotiation exercises
  3. After-class reflections
  4. In-class presentation 

Re-examination

Form of examination

Take-home assignment

Identification

Student Identification Card - Date of birth

Duration

48 hours

Examination aids

All exam aids allowed.

Assignment handover

The assignment is handed over in Digital Exam.

Assignment handin

Electronic hand-in via Digital Exam.

Additional information

The take-home assignment will consist of a critical analysis of a case based on the principles covered in this course.

Maximum 3 pages.

EKA

B540041122

Final exam

Name

Final exam

Form of examination

Multiple choice

Censorship

Second examiner: None

Grading

7-point grading scale

Identification

Student Identification Card - Exam number

Language

English

Duration

2 hours

Examination aids

No aids allowed, except dictionary and calculator in physical form.

Assignment handover

The assignment is handed over in Digital Exam.

Assignment handin

Electronic hand-in via Digital Exam.

ECTS value

4

Additional information

The exam will be conducted digitally at SDU.

Examination format of the re-exam can be changed.

EKA

B540041102

External comment

NOTE - This course is identical with the former course B540033101 Decision, Persuasion, and Negotiation

Courses that are identical with former courses that are passed according to applied rules cannot be retaken.

Courses offered

Offer period Offer type Profile Education Semester

Teachers

Name Email Department City
Huanren Zhang huanren@sam.sdu.dk Institut for Virksomhedsledelse og Økonomi Odense

URL for Skemaplan