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Negotiate Anything

Split the Pie: A Radical New Way to Negotiate - with Barry J. Nalebuff

Negotiate Anything

American Negotiation Institute

Education, Business, Self-improvement

4.7748 Ratings

🗓️ 7 March 2025

⏱️ 31 minutes

🧾️ Download transcript

Summary

Request A Customized Workshop For Your Company In this enlightening episode of Negotiate Anything, host Kwame Christian engages with Barry Nalebuff, a renowned Yale professor and seasoned entrepreneur, to explore the art of negotiation through the lens of fairness and empathy. Drawing insights from his book "Split the Pie: A Radical, Revolutionary New Way to Negotiate," Nalebuff shares a unique approach to dividing resources that dates back 2,000 years. Through compelling examples, Nalebuff illustrates the power of logic and emotional intelligence in achieving successful negotiations. Listeners will discover how transparency, fairness, and a principled approach can transform their negotiation outcomes. What will be covered: Barry Nalebuff's "Split the Pie" negotiation strategy and its historical roots. The significance of empathy and logic in negotiation scenarios. Real-world examples, including a negotiation with Coca-Cola and fair compensation for teachers. Connect with Barry Barry's website Follow Barry on LinkedIn Buy Now Split the Pie: A Radical New Way to Negotiate by Barry Nalebuff Contact ANI Request A Customized Workshop For Your Company Follow Kwame Christian on LinkedIn The Ultimate Negotiation Guide Click here to buy your copy of How To Have Difficult Conversations About Race! Click here to buy your copy of Finding Confidence in Conflict: How to Negotiate Anything and Live Your Best Life!

Transcript

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0:00.0

Barry, thanks for joining us today. Thanks for inviting me. No, it's my pleasure. You come highly

0:04.8

recommended, my friend. So how would you get us started by telling us a little bit about yourself

0:08.5

and what you do? I'm a professor at Yale, where I've taught now for some 32 years. I teach

0:14.2

strategy, game theory, and negotiation, which is, of course, why I'm here, along with being a professor,

0:21.9

I'm also an entrepreneur. I've started companies ranging from honest tea, which some of you may be more

0:27.4

familiar with, to just iced tea or justice tea, to kombruca and lots of entrepreneurship in

0:35.5

the food and beverage space. Incredible. Impressive, too, because that's a tough space to be in. So kudos.

0:41.5

Thank you. And Barry, I know my friend, you are very humble. I want to make sure that we shout

0:47.9

out your book. Can you tell the listeners about your book, too?

0:50.4

The course that I've been teaching at Yale for the last decade has now become a book.

0:55.5

It is called Split the Pie, a radical, revolutionary new way to negotiate.

1:02.0

The subtitle is kind of a lie because it's actually a 2,000-year-old way to negotiate.

1:07.2

It comes from the Babylonian Talmud, but most good ideas aren't new and most new ideas

1:12.5

aren't good, so I'm glad that I'm able to resurrect a tried and true technique from 2,000 years ago

1:17.6

that has largely been forgotten. Oh, that's great. Okay, so we have to get into that. Can you

1:22.5

tell us the historical underpinnings of this before we actually get into the tactics and tools and thing.

1:28.9

Well, it'll come out when we talk about what the whole notion of the pie is, and that essentially

1:33.6

what the Talmud does is provide a way of treating people in unequal positions equally or fairly.

1:41.0

And people have a misconstrued, misguided notion of what fairness is all about. And then when

1:47.3

you correctly understand when negotiation is over, coming up with the agreement is going to be a

1:52.5

whole lot easier. I love it. This is great. And so let's just start off with a brief

1:59.2

synopsis of the books.

...

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