Excursions in Modern Mathematics (9th Edition)
Excursions in Modern Mathematics (9th Edition)
9th Edition
ISBN: 9780134468372
Author: Peter Tannenbaum
Publisher: PEARSON
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Chapter 3, Problem 44E

Andre, Bea, and Chad are dividing an estate consisting of a small farm, and a painting using the method of sealed bids. Table 3-23 shows the player bids on each of the items.

T a b l e 3 - 2 3

Andre Bea Chade
House $ 150 , 000 $ 146 , 000 $ 175 , 000
Farm $ 430 , 000 $ 425 , 000 $ 428 , 000
Painting $ 50 , 000 $ 59 , 000 $ 57 , 000

a. Describe the first settlement of the fair division and compute the surplus.

b. Describe the final settlement of the fair division problem.

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Chapter 3 Solutions

Excursions in Modern Mathematics (9th Edition)

Ch. 3 - Suppose that Brad values chocolate cake four as...Ch. 3 - Suppose that Angelina values strawberry cake five...Ch. 3 - Karla and five other friends jointly buy the...Ch. 3 - Marla and five other friends jointly buy the...Ch. 3 - Suppose that they flip a coin and Jackie ends up...Ch. 3 - Suppose they flip a coin and Karla ends up being...Ch. 3 - Suppose that they flip a coin and Martha ends up...Ch. 3 - Suppose that they flip a coin and Nick ends up...Ch. 3 - Suppose that David is the divider and Paula is the...Ch. 3 - Suppose that Paula is the divider and David is the...Ch. 3 - Three partners are dividing a plot of land among...Ch. 3 - Three partners are dividing a plot of land among...Ch. 3 - Four partners are dividing a plot of land among...Ch. 3 - Four partners are dividing a plot of land among...Ch. 3 - Mark, Tim, Maia, and Kelly are dividing a cake...Ch. 3 - Allen, Brady, Cody; and Diane are sharing a cake...Ch. 3 - Prob. 27ECh. 3 - Four partners are dividing a plot of land among...Ch. 3 - Prob. 29ECh. 3 - Five players are dividing a cake among themselves...Ch. 3 - Four partners Egan, Fine, Gong, and Hart jointly...Ch. 3 - Four players Abe, Betty, Cory, and Dana are...Ch. 3 - Exercises 33 and 34 refer to the following...Ch. 3 - Exercises 33 and 34 refer to the following...Ch. 3 - Exercise 35 through 38 refer to the following...Ch. 3 - Exercise 35 through 38 refer to the following...Ch. 3 - Prob. 37ECh. 3 - Prob. 38ECh. 3 - Exercises 39 and 40 refer to the following:...Ch. 3 - Exercises 39 and 40 refer to the following:...Ch. 3 - Jackie, Karla, and Lori are dividing the foot-long...Ch. 3 - Jackie, Karla, and Lori are dividing the foot-long...Ch. 3 - Ana, Belle, and Chloe are dividing four pieces of...Ch. 3 - Andre, Bea, and Chad are dividing an estate...Ch. 3 - Five heirs A,B,C,D, and E are dividing an estate...Ch. 3 - Oscar, Bert, and Ernie are using the method of...Ch. 3 - Anne, Bette, and Chia jointly own a flower shop....Ch. 3 - Al, Ben and Cal jointly own a fruit stand. They...Ch. 3 - Ali, Briana, and Caren are roommates planning to...Ch. 3 - Anne, Bess and Cindy are the roommates planning to...Ch. 3 - Prob. 51ECh. 3 - Three players (A,B and C) are dividing the array...Ch. 3 - Three players (A,B,andC) are dividing the array of...Ch. 3 - Three players (A,B,andC) are dividing the array of...Ch. 3 - Five players (A,B,C,D,andE) are dividing the array...Ch. 3 - Four players (A,B,C,andD) are dividing the array...Ch. 3 - Prob. 57ECh. 3 - Queenie, Roxy, and Sophie are dividing a set of 15...Ch. 3 - Ana, Belle, and Chloe are dividing 3 Choko bars, 3...Ch. 3 - Prob. 60ECh. 3 - Prob. 61ECh. 3 - Prob. 62ECh. 3 - Prob. 63ECh. 3 - Prob. 64ECh. 3 - Three players A, B, and C are sharing the...Ch. 3 - Angeline and Brad are planning to divide the...Ch. 3 - Prob. 67ECh. 3 - Efficient and envy-free fair divisions. A fair...Ch. 3 - Suppose that N players bid on M items using the...Ch. 3 - Asymmetric method of sealed bids. Suppose that an...Ch. 3 - Prob. 73E

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