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Suppose That Bob and Carol View a Cake as Shown

Question 90

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Suppose that Bob and Carol view a cake as shown below: Suppose that Bob and Carol view a cake as shown below: Assume that Bob and Carol know how each other values the cake (and that neither is spiteful). Suppose they are to divide the cake using the rules of divide-and-choose but not necessarily the strategies. If Bob is the divider, where will he cut the cake and how many units of value will Bob and Carol think he or she is receiving? Assume that Bob and Carol know how each other values the cake (and that neither is spiteful). Suppose they are to divide the cake using the rules of divide-and-choose but not necessarily the strategies. If Bob is the divider, where will he cut the cake and how many units of value will Bob and Carol think he or she is receiving?

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Bob makes a vertical cut almost two-thir...

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