The best practical advice then is: try to maximize your expected payoff, which is the sum of all payoffs multiplied by probabilities.

It's easy, of course, for two teams to collude, but somewhat more difficult for twenty-eight

Most people, even in simple risky situations, don't behave the way the theory of utility would have them behave.

Advice: don't embarrass your bargaining partner by forcing him or her to make all the concessions.

A lot depends on the starting point.

Ideas are incestuous.

A final word of advice: don't gloat about how well you have done.