Quote:
Originally Posted by jmine83
I can't even believe I just wasted time writing this commentary on the matter.
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actually, i very much enjoyed your response. if you're interested in the psychology of negotiating, you should really read "predictably irrational" by dan ariely. you should also check out another type of cognitive bias, called "anchoring." here's a link:
http://en.wikipedia.org/wiki/Anchoring. the endowment effect and anchoring come incredibly in handy when negotiating. also, i'm feeling a small amount of guilt for giving your potential buyers the one up on you, so perhaps i should try to undo the damage by giving your the list another look over and buying something for myself. anyway, good luck selling your stuff! =)