Problem

Joel and Jim are to divide the following items fairly: a painting, an antique desk, and...

Joel and Jim are to divide the following items fairly: a painting, an antique desk, and a piano. They will use the adjusted-winner procedure. Each has assigned points to the items as shown in the following table.

a. Based on the point assignments, who is tentatively given each item? Who has more points after the assignment?

b. Compare the ratios of points assigned by Joel to points assigned by Jim for the painting and the piano. For which item is the ratio the smallest? Move that item from Joel to Jim.

c. Complete the adjusted-winner procedure. How will the items be distributed fairly?

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Solutions For Problems in Chapter 4.2