Emerging Markets Law

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What Poker Teaches

Posted In Negotiation

Matthew Rousu, a professor of economics at Susquehanna University, outlines some of the key skills learned by the best poker plays in "What Poker Teaches Us."

I find that many of the same skills, such as probabilities and game theory, play a role in negotiating contracts.  Picking up a player's tells and knowing when to call a bluff are at least as important in legal negotiations as they are on the green felt.

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