User Account

All Pages

Fair shares the center city anuraphilic : case study

Assignment Help Other Subject
Reference no: EM13805406

 

The Center City Anuraphilic (frog lovers) society has fallen on hard times. Abraham, Bobby and Charlene are the only remaining members and each feels equally entitled to take possession of the society's collection of live rare tropical frogs. The decision is made to use the method of sealed bids and fair shares to decide who will take possession of the entire collection and how much will be paid in compensation to the other members.
Abraham unseals his estimate of the value of the collection at $12,000.00. Bobby's estimate of the value of the collection is $6,000.00. Charlene values the collection at $9,000.00.

Who receives the collection of frogs?

What is each person's fair share of the monetary value of the collection?

Why is the monetary amount of each fair share different?

How much money is owed to each of the two people who do not "win" the collection of frogs?

In your opinion how "Fair" is the process described above?

Now pretending for a moment that you like frogs, we will insert you into the situation under special circumstances. Despite (or perhaps because of) your love of all things amphibious, you currently lack the funds to pay each of the others their probable fair share. You will not receive the collection, but wish to receive as much money as possible. You have no knowledge of the amounts in each of the sealed bids, but strongly suspect that Abraham will bid between $10,000.00 and $12,000.00.

Given that you cannot afford to "win" the process, describe how you will go about deciding what to put down for your own estimate of the value of the collection.

Reference no: EM13805406

Questions Cloud

Create a behavioral model that identifies events : You have been asked to lead a software development team to build a system fulfilling the Statement of Need below. Develop initial notes of the structure/functionality of the system. Create a behavioral model that identifies events with a use case
Applying the huntington-hill apportionment method : Explain how applying the Huntington-Hill apportionment method helps to avoid an Alabama Paradox.
Controversial corporate social responsibility : Specify one (1) controversial corporate social responsibility concern associated with your selected organization.
Competitive advantage in terms of sustainability : Evaluate LensCrafters' operations strategy and explain how the organization seeks to gain a competitive advantage in terms of sustainability.
Fair shares the center city anuraphilic : case study : What is each person's fair share of the monetary value of the collection?
Inventory management homework : You work in the administration of a major hospital in the Twin Cities. One of your tasks is the scheduling of one of the operating rooms in the hospital.
Examine salient stakeholders of the chosen organization : Examine three (3) salient stakeholders of the chosen organization based on their key roles and relationships with the company.
What in your portfolio demonstrates that you can use writing : What in your portfolio demonstrates that you can use writing and reading for inquiry, learning, thinking, and communicating?
Conducting an organizational assessment : The success of an organization depends heavily on its structure, strategies, and culture. In this assignment, you will develop an understanding of the importance of these elements in the success/failure of an enterprise.

Reviews

Write a Review

Other Subject Questions & Answers

  Write some limitations and advantages of using existing

what are some limitations and advantages of using existing scales devised by other researchers? what are follow up

  Community residents are encouraged to discover the benefits

Community residents are encouraged to “Discover the Benefits” of local parks and recreation. Brainstorm and list five unique benefits that can be achieved through recreation participation

  When choosing one course of action while working with a

1.when choosing one course of action while working with a dilemma the other courses of action are lost and become

  How much error, on average, would you expect

For a population with a mean of 70 and a standard deviation of 20, how much error, on average, would you expect between the sample mean and the population mean for each of the following sample sizes.

  Explain geographic evidence collected in the last part of

scientific breakthroughs do not happen overnight. sometimes the missing piece of the scientific puzzle takes years to

  Within the past three decades there has been an emerging

within the past three decades there has been an emerging concern for violence against women. it has been shown that

  The ceo of skywrench was impressed with your project

the ceo of skywrench was impressed with your project management skills and has asked you specific questions about

  How does the adoption of a particular methodology affect

management research relies upon a variety of different data collection methods such as survey interview and

  Compare and contrast the qualities for effective leadership

Compare and contrast the qualities for effective leadership required in a virtual versus non-virtual team environment.

  The maunder minimum is the name given to the

The Maunder minimum is the name given to the

  Web and human services organizations

Resource: Web and Human Services Organizations Identify at least 5 Human Services organizations that have websites.

  What best practices do you feel are the most significant

in 4-5 paragraphs address the followingdiscuss the pros and cons of various data exchange design options.what best

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd