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Dennis, Miriam, and Zadie have written a book together and now want to decide how to dissolve their partnership, with one of them obtaining rights
Dennis, Miriam, and Zadie have written a book together and now want to decide how to dissolve their partnership, with one of them obtaining rights to the book copyright, and one obtaining movie rights, if any. Their current ownership of the copyrights is divided with Dennis owning 35%, Miriam 30%, and Zadie 35%. Use the method of sealed bids to divide the partnership.
Dennis (35%) Miriam (30%) Zadie (35%) Bid on book rights $10,000 $12,000 $14,000 Bid on movie rights $25,000 $18,000 $20,000 Total of bids Item obtained (highest bid) Fair share Pays to (+) or gets (-) from pool Division of pool balance Summary of cashStep by Step Solution
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