Complete questions.

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Answered Same DayJun 05, 2021

Answer To: Complete questions.

Rajeswari answered on Jun 05 2021
139 Votes
85876 Assignment
a) From backward induction, we find that Joe is the last person with no option to
choose the left over bag. Hence he would get definitely the lowest amount bag only.
Hence in scenario 1 Joe would get 250
Next Andy gets II highest i.e. 350
While Rob being the first selector gets the highest as 400.
In scenario 2, Joe would get 200
Andy would get 300 and Rob would get 500.
b) If joe...
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