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This question illustrates how bidding dishonestly can end up hurting the cheater. Four partners are dividing a million-dollar property using the lone-divider method. Using a map, Danny divides the property into four parcels s1, S2, $3, and s4. The following table shows the value of the four parcels in the eyes of each partner (in thousands of dollars): $2 S3 S4 Danny $250 $250 $250 $250 Brianna $490 $180 $150 $180 Carlos $290 $300 $190 $220 Greedy $320 S280 $290 $110 Assuming all players bid honestly, which piece will Greedy receive? Osl Os2 Os3 Os4 Assume Brianna and Carlos bid honestly, but Greedy decides to bid only for s1, figuring that doing so will get him s1. In this case there is a standoff between Brianna and Greedy. Since Danny and Carlos are not part of the standoff, they can receive their fair shares. Suppose Danny gets s3 and Carlos gets s2, and the remaining pieces are put back together and Brianna and Greedy will split them using the basic divider-chooser method. If Greedy gets selected to be the divider, what will be the value of the pice he receives? thousand dollars

This question illustrates how bidding dishonestly can end up hurting the cheater. Four partners are dividing a million-dollar property using the lone-divider method. Using a map, Danny divides the property into four parcels s1, S2, $3, and s4. The following table shows the value of the four parcels in the eyes of each partner (in thousands of dollars): $2 S3 S4 Danny $250 $250 $250 $250 Brianna $490 $180 $150 $180 Carlos $290 $300 $190 $220 Greedy $320 S280 $290 $110 Assuming all players bid honestly, which piece will Greedy receive? Osl Os2 Os3 Os4 Assume Brianna and Carlos bid honestly, but Greedy decides to bid only for s1, figuring that doing so will get him s1. In this case there is a standoff between Brianna and Greedy. Since Danny and Carlos are not part of the standoff, they can receive their fair shares. Suppose Danny gets s3 and Carlos gets s2, and the remaining pieces are put back together and Brianna and Greedy will split them using the basic divider-chooser method. If Greedy gets selected to be the divider, what will be the value of the pice he receives? thousand dollars

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 12CYU
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This question illustrates how bidding dishonestly can end up hurting the cheater. Four partners are dividing a million-dollar property using the lonc-divider method. Using a map, Danny divides the property into four parcels s1, S2, 83, and s4. The following table shows the value of the four parcels in the eyes of cach partner (in thousands of dollars): $2 S3 S4 Danny $250 $250 $250 $250 Brianna $490 $180 $150 $180 Carlos $290 $300 $190 $220 Greedy $320 $280 $290 $110 Assuming all players bid honestly, which piece will Greedy receive? Osl Os2 Os3 Os4 Assume Brianna and Carlos bid honestly, but Greedy decides to bid only for s, figuring that doing so will get him s1. In this case there is a standoff between Brianna and Greedy. Since Danny and Carlos are not part of the standoff, they can receive their fair shares. Suppose Danny gets s3 and Carlos gets s2, and the remaining pieces are put back together and Brianna and Greedy will split them using the basic divider-chooser method. If Greedy gets selected to be the divider, what will be the value of the piece he receives? thousand dollars
Transcribed Image Text:This question illustrates how bidding dishonestly can end up hurting the cheater. Four partners are dividing a million-dollar property using the lonc-divider method. Using a map, Danny divides the property into four parcels s1, S2, 83, and s4. The following table shows the value of the four parcels in the eyes of cach partner (in thousands of dollars): $2 S3 S4 Danny $250 $250 $250 $250 Brianna $490 $180 $150 $180 Carlos $290 $300 $190 $220 Greedy $320 $280 $290 $110 Assuming all players bid honestly, which piece will Greedy receive? Osl Os2 Os3 Os4 Assume Brianna and Carlos bid honestly, but Greedy decides to bid only for s, figuring that doing so will get him s1. In this case there is a standoff between Brianna and Greedy. Since Danny and Carlos are not part of the standoff, they can receive their fair shares. Suppose Danny gets s3 and Carlos gets s2, and the remaining pieces are put back together and Brianna and Greedy will split them using the basic divider-chooser method. If Greedy gets selected to be the divider, what will be the value of the piece he receives? thousand dollars
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