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> In the end there's no possible setup that everyone will stick with. Wouldn't Alice, Bob and Carol realize that then and agree to divide the cake evenly since
by gregschlom 11y ago
> In the end there's no possible setup that everyone will stick with.
Wouldn't Alice, Bob and Carol realize that then and agree to divide the cake evenly since it's the only solution that is fair to everybody?
- bduerst 11y agoThat would be the Nash equilibrium across splitting multiple cakes over and over again. For a single cake, offering a fair split is just as hard to predict success as any other split. It also assumes there are no other signals, which is why it's not very insightful to begin with.