October 2014 – Page 7 – Marquette University Law School Faculty Blog

Reflections on Judicial Contract Interpretation and the Boden Lecture

Post author:Nadelle E. Grossman
Post published:October 8, 2014
Post category:Business Regulation Judges & Judicial Process Public Speakers at Marquette

agreement-signing This week in my Contracts class we are discussing how to interpret a contract — that is, how to give contractual language meaning. This discussion inevitably focuses on how courts interpret contracts, because Contracts casebooks primarily examine principles of contract through case law. Cases do, in fact, provide a useful lens through which to study contract interpretation, for they allow an examination of courts’ goals and tools in approaching conflicting arguments about how to interpret an ambiguous term. Yet we also considered judicial interpretation of contracts from a policy perspective.

Specifically, in light of Professor Robert Scott’s Boden lecture “Contracts Design and the Goldilocks Problem,” I asked my Contracts students to reflect on the wisdom of judicial determination of the meaning of ambiguous contractual language.

New Marquette Lawyer Magazine Looks At Evolution of Important Issues

Post author:Alan J. Borsuk
Post published:October 7, 2014
Post category:Marquette Law School Public Speakers at Marquette

fall-2014-cover How did we get where we are today? Consider that a central question underlying many of the stories in the Fall 2014 Marquette Lawyer magazine, being mailed this week and now available online.

As Wisconsin’s heated election for governor heads to a conclusion Nov. 4, the cover story of the new magazine provides both rich detail and thoughtful perspective on how Wisconsin, especially the Milwaukee area, became so politically polarized. Craig Gilbert, the Washington Bureau chief of the Milwaukee Journal Sentinel, spent much of the 2013-14 academic as Marquette Law School’s Sheldon B. Lubar Fellow for Public Policy Research. Gilbert worked closely with Charles Franklin, the Law School’s Professor of Law and Public Policy and director of the Marquette Law School Poll, in developing insightful data that show the changes. Gilbert calls southeastern Wisconsin “the most polarized part of a polarized state in a polarized nation.” Six experts provide perspective on what Gilbert’s findings mean in essays that accompany the piece. You may read it all by clicking here.

Prisoner’s Dilemma Game Show

Post author:Andrea K. Schneider
Post published:October 4, 2014
Post category:Arbitration Negotiation Public

In class last month, we rebooted the idea of the prisoner’s dilemma as previously portrayed on The Bachelor Pad (discussed on the Freakonomics Blog and four years ago on this site). This time, the conversation revolved around a British game show called Golden Balls that was very popular several years ago. I can only assume that you’ve already discounted Golden Balls’ educational value based on its name alone but bear with me . . .

The typical scenario plays out like this: two parties sitting across from one another with one crucial decision that decides how a lump sum of money will be divided. That decision revolves around the four golden balls that sit on the table. Each part can anonymously choose their split ball or their steal ball. If they both steal, they walk away with nothing. If they both split, they split the money. However, if one contestant chooses to split and the other chooses to steal, the thief will walk away with all of the money.

The typical situation ends something like this. But one contestant shows us a unique way to handle the prisoner’s dilemma in this video. Most importantly for class, some good commentary on the second situation can be found here. The class really enjoyed learning the real story behind the winning strategy. Enjoy the show!

Cross-posted at the ADR Prof Blog.