This is a busy week for this course, so please plan for it:Next Wed you have a 5min presentation in classNext Thu you have a HW dueNext Thu the rankmaniac reports are dueSorry for such a packed week, but our hope is that none of these individual tasks are too long.
For Problem 5:When the highest living member in the hierarchy proposes an allocation. Is his vote included in the vote among all the lower members?
To Michelle: Yes, he will vote too.
To Michelle: Yes, the highest ranked living member's vote counts as well.
Concerning Problem 5: Is the minimal increment of money $1, one cent, or can we get arbitrarily close to $0?
To Jon: Let's assume the minimum increment is $1. This means the alloted money for each member must be in whole dollars (of course, some member(s) may be alloted $0).
This is a busy week for this course, so please plan for it:
ReplyDeleteNext Wed you have a 5min presentation in class
Next Thu you have a HW due
Next Thu the rankmaniac reports are due
Sorry for such a packed week, but our hope is that none of these individual tasks are too long.
For Problem 5:
ReplyDeleteWhen the highest living member in the hierarchy proposes an allocation. Is his vote included in the vote among all the lower members?
To Michelle: Yes, he will vote too.
ReplyDeleteTo Michelle: Yes, the highest ranked living member's vote counts as well.
ReplyDeleteConcerning Problem 5: Is the minimal increment of money $1, one cent, or can we get arbitrarily close to $0?
ReplyDeleteTo Jon: Let's assume the minimum increment is $1.
ReplyDeleteThis means the alloted money for each member must be in whole dollars (of course, some member(s) may be alloted $0).