Split the Pie: A Radical New Way to Negotiate - with Barry J. Nalebuff
Negotiate Anything
American Negotiation Institute
4.7 • 748 Ratings
🗓️ 7 March 2025
⏱️ 31 minutes
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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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