1. The 1991 divorce of Ivana and Donald Trump was widely covered in the media. The marital assets included a 45-room mansion in Greenwich, Connecticut; the 118- room Mar-a-Lago mansion in Palm Beach, Florida; an apartment in the Trump Plaza; a 50-room Trump Tower triplex; and just over $1 million in cash and jewelry. Assume that points are assigned as follows:
Marital Asset | Point Allocations | |
---|---|---|
Donald’s Points | Ivana’s Points | |
Connecticut estate | 10 | 38 |
Palm Beach mansion | 40 | 20 |
Trump Plaza apartment | 10 | 30 |
Trump Tower triplex | 38 | 10 |
Cash and jewelry | 2 | 2 |
Use the adjusted winner procedure to determine a fair allocation of the marital assets. (Exercise 1 courtesy of Catherine Duran.)
1.
Donald receives the Trump Tower triplex and about 87% ownership of the Palm Beach mansion. Ivana gets the rest.