Question 13.65

35. Describe a fair division for three children, , , and , who inherit equal shares of their parents’ classic car collection and who submit sealed bids (in dollars) on these five cars as follows:

Duesenberg $18,000 $15,000 $15,000
Bentley $18,000 $24,000 $20,000
Ferrari $16,000 $12,000 $16,500
Pierce-Arrow $14,000 $15,000 $13,500
Cord $24,000 $18,000 $22,000

35.

For the final resolution, receives the Duesenberg and Cord and pays $8500, receives the Bentley and Pierce-Arrow and pays $7500, and receives the Ferrari plus $16,000.