General Instructions (Spanish version)

  • Reference: HBS-918S24

  • Year: 2004

  • Number of pages: 4

  • Geographic Setting: United States

  • Publication Date: Mar 22, 2012

  • Fecha de edición: Jul 20, 2012

  • Source: HBSP (USA)

  • Type of Document: Case

  • Industry Setting: Advertising & public relations

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Description

V-Cola is a six-party exercise that simulates a negotiation between a boutique advertising agency and a beverage company that is launching a new product. Each of the six parties has different incentives and information, which leads to a complex, realistic simulation about agency issues, misaligned incentives, and the (mis)use of contingent contracts.

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Keywords

Advertising Compensation Contracts Decision making Employee benefits Employee compensation Information sharing Knowledge management Multiparty negotiations Negotiation Risk Risk management Value of information