An Experimental Inquiry of Gender Differences in Negotiation Strategy and Outcomes Agricultural Market Implications
The number of women in agricultural management positions and as business owners is increasing. A critical part of agricultural managers' success is negotiating profitable sales, which depends on negotiation strategy. We use laboratory market experiments to measure gender differences in negotiat...
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Published in | Journal of agricultural and resource economics Vol. 45; no. 2; pp. 335 - 351 |
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Main Authors | , , , , |
Format | Journal Article |
Language | English |
Published |
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Western Agricultural Economics Association
01.05.2020
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Edition | 1835 |
Subjects | |
Online Access | Get full text |
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Summary: | The number of women in agricultural management positions and as business owners is increasing. A critical part of agricultural managers' success is negotiating profitable sales, which depends on negotiation strategy. We use laboratory market experiments to measure gender differences in negotiation strategy and related outcomes in three market contexts common to agricultural product sales. Results show that women tend to choose a negotiation strategy that focuses on trading a higher quantity but at a lower per trade profit than men. Our results further show that women will be disproportionately hurt as agricultural markets move away from traditional market environments toward privately negotiated contracts. |
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ISSN: | 1068-5502 2327-8285 |
DOI: | 10.22004/ag.econ.302458 |