VAuroch comments on What I Think, If Not Why - Less Wrong
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There is a pretty good method for this specific thing; where I saw it mentioned, it was called the Restaurant Veto Game. It goes like this: Take a group of people, and have any one of them suggest a lunch location. Anyone else may veto this, if they can propose a different lunch location, not yet mentioned. A location which goes unvetoed is a good-enough compromise, if the players are reasonably rational and understand the strategy of the game.