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Three People Must Make a Fair Division of Four Objects

Question 23

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Three people must make a fair division of four objects. Using the Knaster inheritance procedure, the value each person places on the objects is shown below. ABC Object 1 160320360 Object 2 280370350 Object 3 430260160 Object 4 420270130\begin{array} { c c c c } & A & B & C \\\text { Object 1 } & 160 & 320 & 360 \\\text { Object 2 } & 280 & 370 & 350 \\\text { Object 3 } & 430 & 260 & 160 \\\text { Object 4 } & 420 & 270 & 130\end{array} What is the division of the objects?

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A gets Object 3 and Object 4, ...

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