Randall Kiser
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DecisionSet™
550 Hamilton Avenue, Suite 300
Palo Alto, California 94301
Randall Kiser, a decision analyst and former litigation attorney, is DecisionSet™'s principal analyst. He designs DecisionSet™'s quantitative decision making models and has worked with attorneys, litigants, insurers, and advisors in assessing risks and evaluating litigation alternatives.
Mr. Kiser is the lead author of the recent study, "Let's Not Make a Deal: An Empirical Study of Decision Making in Unsuccessful Settlement Negotiations" (with Martin A. Asher and Blakeley B. McShane, The Wharton School, University of Pennsylvania). The article was featured in the New York Times' Business section on August 8, 2008, and published in Cornell Law School's Journal of Empirical Legal Studies, a faculty-edited, peer-refereed interdisciplinary journal, in September 2008 (Vol. 5, No. 3, pp. 551-591). The study utilizes DecisionSet™'s extensive databases of settlement negotiations and trial outcomes to identify predictor variables for attorney/litigant decision making errors, integrating the fields of behavioral finance, statistics, and law.
Mr. Kiser received his law degree in 1978 from the University of California, Berkeley (Boalt Hall), and obtained his undergraduate degree in 1975 from the University of California, Davis (Highest Honors). His legal education is complemented by the award in 2002 of a certificate in leadership from the Peter F. Drucker Graduate School of Management, Claremont Graduate University, where his research emphasized cognitive psychology and management decision making. His present research interests are professional expertise, problem solving, decision-making, and systemic failures.
Mr. Kiser's work has been featured in major public and legal newspapers like The New York Times, San Francisco Chronicle, The Lawyers Weekly and Daily Journal and in interviews with National Public Radio (NPR), the Legal Broadcast Network, Lawyers and Settlements, Lawyers USA, and Radio New Zealand National. International citation of his research includes print and electronic media in Ireland, Israel, Australia, Canada and Chile. He has presented and moderated programs for professional organizations and academic institutions such as The Mediation Society, the University of Pennsylvania, Cornell University, and Vanderbilt University.
Before entering the decision sciences field, Mr. Kiser represented clients in complex commercial litigation disputes for twenty years. He was a partner of Wendel, Rosen, Black & Dean for six years and then directed his own multi-attorney firm for eight years, resolving business and real estate cases and representing law firms, partners, fiduciaries, REITs, and corporations, including two of the three largest commercial real estate development companies in Northern California. He has been appointed as a temporary judge, mediator, and arbitrator, and in addition to membership in various bar associations, is a member of the Society for Empirical Legal Studies and the Decision Analysis Society.