Saturday, April 2, 2011

Bonners Lemon Law


Shows how at least 26 people can be satisfied in a two party negotiation!

This is based on the orange story which is based on Mary Parker Follett. Some authors reference Paretos optimum chart, while Moore borrows the idea without attribution. I have not yet found an original citation for Pareto being involved in this issue. However, the discussion question is whether this is a demonstration, simulation, game or just a lecture with visual aids? Is it the best way to teach this lesson?

Class simulation often fail to reveal underlying interests and creative solutions. This may be a manifestation of the business experience of participants. Repeating simulations that fail in this way may not teach students to ask probing questions as much as this exercise.

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