The Ultimatum Game and Divorce Settlement Negotiations
By Attorney Gregg Herman
June 13, 2015
June 13, 2015
In the process of writing my book for the ABA Family Law Section, I did a fair amount of research into a field called “game theory.”
Essentially, game theory consists of experiments to explain human behavior. It has been researched in various forms by behavioral psychologists and economists. Several aspects seem applicable to family law.
One such aspect is the ultimatum game, which I’ve written about in my book. An excerpt was recently published in the American Journal of Family Law and can be accessed below.
Attorney Gregg Herman is a founding partner of Loeb & Herman, LLC in Milwaukee, WI. He practices family law exclusively, and can be reached via e-mail or by calling (414) 272-5632.
