Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The survivors of the Minnow get stranded on a tropical island and decide to divide the island up into pieces. The survivors were Gilligan,
The survivors of the Minnow get stranded on a tropical island and decide to divide the island up into pieces. The survivors were Gilligan, the skipper, the millionaire and his wife, the movie star, the professor and May Ann. They decide to divide the island into 6 pieces and each places a value on each of the pieces. Their declarations for each piece is listed below: Gilligan The skipper The millionaire and his wife The movie Person star The professor 30% 12% 20% Mary Ann 12% 5% a) b) c) Person Piece 1 Piece 2 Piece 3 Piece 4 Piece 5 Piece 6 16.66% 16.66% 16.66 % 16.66 % 16.66 % 16.66% 50% 15% 10% 10% 10% 5% 12% 35% 8% 22% 8% 15% Declaration(s) 10% 35% 4% 21% 2% Piece Awarded Who was the divider? 28% 11% 14% 13% 18% 3% 24% 38% Supposing that each survivor is bidding honestly, what will each survivor's declaration be? Gilligan Skipper Millionaire Movie Star Professor Mary Ann and Wife Determine the final division. Gilligan Skipper Millionaire Movie Star Professor Mary Ann and Wife d) Explain why you feel your results are the best solution to the problem.
Step by Step Solution
★★★★★
3.38 Rating (154 Votes )
There are 3 Steps involved in it
Step: 1
a The divider was Gilligan b Assuming each survivor is bidding honestly their declarations would be ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started