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Math167 Sherry Scarborough

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
equitable   a fair division is equitable if each player believes he or she received the same fractional part of the total value  
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envy-free   if each player has a strategy that can guarantee him or her a share of whatever is being divided that is, in the eyes of that player, at least as large as that received by any other player, no matter what the other players do  
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pareto-optimal   if it produces an allocation of the property that no other allocation can make one player better off without making some other player worse off  
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adjusted winner procedure    
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