Game Theory, Negotiation, and the “Black Box”
James F. Ring and some colleagues gave a fascinating talk at the recent ABA Dispute Resolution Section on Game Theory. Where it started was cutting a cake. Where it ended was cutting out the lawyers, at least by implication.
In addition to his law practice, Mr. Ring runs an enterprise called Fair Outcomes, Inc. His talk was not so much a “sell job” for his company as it was a discourse on the reasons why conventional approaches to negotiation may have serious limitations.
