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A BATNA represents one party's best option if negotiations fail, whereas a reservation value represents the worst deal they are willing to accept. A reservation value should never be less than the BATNA. When purchasing a bike, for example, the BATNA may represent the option of shopping at another dealer.
In economics, a reservation (or reserve) price is a limit on the price of a good or a service. On the demand side, it is the highest price that a buyer is willing to pay; on the supply side, it is the lowest price a seller is willing to accept for a good or service. Reservation prices are commonly used in auctions, but
Because the increased angle of stadium seating, seats are typically (but not universally) installed on a stepped floor surface which also functions as a staircase in the aisles. This is as opposed to the common usage of a flat, often slightly sloped, floor used in many standard seating venues (such as many stage theaters). There has been some ...
A six-month pregnant teacher from California has died in hospital after falling down a gorge while hiking in Greece, according to reports. Clara Thomann, 33, from Santa Barbara was left critically ...
Police dispute her comments. "Mr. Kerley battered one of our officers and pushed him in the chest, at which point the officers put their hands on him and tasered him," Officer Christopher Bess ...
The zenith (UK: / ˈ z ɛ n ɪ θ /, US: / ˈ z iː n ɪ θ /) [1] is the imaginary point on the celestial sphere directly "above" a particular location. "Above" means in the vertical direction opposite to the gravity direction at that location . The zenith is the "highest" point on the celestial sphere.
HAVANA (Reuters) -Cuba's national electrical system collapsed early on Wednesday morning after the country's largest power plant failed, the government said, the latest of several such failures as ...
Extreme long shots are usually done in a high angle so the viewer can look down upon a setting or scene. Extreme longs shots are used mainly to open the scene or narrative and show the viewer the setting. The rest of the shots are most typically done in an eye level or point of view shot although it is possible to do any shot with any angle.