The Knaster Inheritance Procedure

Requires a Wolfram Notebook System
Interact on desktop, mobile and cloud with the free Wolfram Player or other Wolfram Language products.
The Knaster inheritance procedure is a fair division method for determining how an object of value (such as a house) should be equitably divided among three or more heirs. In this Demonstration, you choose 3, 4, or 5 heirs and enter the bids for each heir. The Demonstration then illustrates the Knaster procedure in a step-by-step fashion, showing who gets the house, how much money that person must put into the kitty, and how that money is subsequently divided among all heirs.
[more]
Contributed by: Marc Brodie (August 2011)
(Wheeling Jesuit University)
Open content licensed under CC BY-NC-SA
Snapshots
Details
Reference
[1] COMAP, For All Practical Purposes, New York: W. H. Freeman and Company, 2009.
Permanent Citation