An Australian computer scientist has devised software based on game theory to divide up property of a couple when they divorce in the best way for both parties based on their interests. This has to be better than divorce court.
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An Australian computer scientist has devised software based on game theory to divide up property of a couple when they divorce in the best way for both parties based on their interests. This has to be better than divorce court.
April 5, 2006 at 9:38 am
Anything to make divorce easier, I guess. Yay! Is there a second edition coming out for custody battles? Whee!
April 5, 2006 at 9:59 am
Well, I don’t think it makes it any easier, only that it might make it more civil in the long run. Game Theory deals with the trade-offs related to decisions made. Because the splitting of property is one of the biggest contention points (custody being another), by applying an economic theory to the process, I think you’d see better results. Instead of just trying to split the property down the middle (a seemingly ridiculous idea), giving something to one person results in trade-offs for things they might have wanted later.
I find it kind of interesting and would be interested in seeing results of using the software.
April 5, 2006 at 10:08 am
Well, ok, yeah, I’ll agree that it’s interesting. And might just be helpful for those who are undergoing a fairly civil divorce. so maybe that’s a good thing there.. But I’m guessing it wouldn’t (couldn’t?) account for those proceedings which decompose to pettiness and emotional blackmail.