Question
Three partners are dividing a piece of land worth $81,000 among themselves using the lone-divider method. The following table shows the value of the
Three partners are dividing a piece of land worth $81,000 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 Rita $28,000 $21,000 $32,000 Tammy $26,000 $24,000 $31,000 Stu $27,000 $27,000 $27,000 The table indicates that [Select] Tammy finds [Select] to be fair. was the divider. A fair resolution according to Lone Divider would be [Select] [Select] Rita gets S1, Stu gets S2, Tammy gets S3 Rita gets S1, Stu gets S3, Tammy gets S2 Tammy gets S1, then Rita and Stu recombine S2 and S3 to re-divide according to Divider-Chooser
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Get StartedRecommended Textbook for
Engineering Economy
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
15th edition
132554909, 978-0132554909
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