[tdaltonc]

For example:

either party to this contract submit a signed request for arbitration within the escrow period of this contacts then

1) a panel of 3 arbiters from the New Atlantis Common Law Arbitration Group will be selected at random.

2) 50-ETH will be set aside for court fees.

3) The panel can execute any 1 of 5 events by submitting 2 of 3 signed tokens. If the panel cannot arrive at a consensus, one token will execute at random.

Many competing standard arbitration packages will develop.

[TheSpiceIsLife]

If the panel cannot arrive at a consensus, one token will execute at random.

Hang on, this isn't the casino. Contracts don't usually have a 'random outcome' clause, do they?

I think we better take this to the courts.

[sandworm101]

>> Contracts don't usually have a 'random outcome' clause, do they?

Like in a betting shop? When I lay my chip on "red" then I am entering into a contract with the casino. A random event can be a term in a contract, but you are correct in stating that in the case of a dispute we do not allow a coin flip on the "who is right" question.

[tdaltonc]

Whether the random number is pulled before the hearing (picking just 1 judge instead of 3) or after (by picking one vote token at random) seems the same to me.

[TheSpiceIsLife]

Maybe I'm missing what you're getting out? It seems like you're suggesting dispute resolution should have a "fuck it, let's flip a coin" option?

[tdaltonc]

I'm saying that it kind of already does. Judges are picked for a case partially at random.