Game Theory, part 1

I've wanted to post something on Game Theory, now that two economists just won the Nobel Prize for "for having enhanced our understanding of conflict and cooperation through game-theory analysis", but for now, I offer an insightful link to Bruce MacEwen's blog, Adam Smith Esq, on the topic. 

Game theory, such as the Prisoner's Dilemma, illustrates that, " A group whose members pursue rational self-interest may all end up worse off than a group whose members act contrary to rational self-interest. More generally, if the payoffs are not assumed to represent self-interest, a group whose members rationally pursue any goals may all meet less success than if they had not rationally pursued their goals individually."

Interesting implications for law firms, who face individual vs. group decisions on a daily basis.  Have you heard of any law firm using the Prisoner's Dilemma or other games to learn to make better partnership decisions?