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Preferred term

bargaining  

Definition

  • Bargaining is a process by which a voluntary agreement on the division of a good or the terms of a trade or exchange is reached. The object of the exchange can be a physical object (e.g., a commodity), a right, or a change of behavior. [Source: Encyclopedia of Power; Bargaining]

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https://concepts.sagepub.com/social-science/concept/bargaining

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