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The following scenario is analyzed in the three problems that follow it. Four partners are dividing a piece of land worth $120,000 among themselves using
The following scenario is analyzed in the three problems that follow it. Four partners are dividing a piece of land worth $120,000 among themselves using the lone-divider method. The following table shows the value of the parcels in the eyes of each partner S1 S2 S3 S4 Eli $25,000 $5,000 $40,000 $50,000 Ken $30,000 $30,000 $20,000 $40,000 Peg $30,000 $30,000 $30,000 $30,000 Flo $20,000 $30,000 $20,000 $50,000
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