Fair way to split coins [duplicate]












5












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This question already has an answer here:




  • Who gets more money?

    2 answers





Alice and Bob went walking in the desert.
Alice had two gallons of water and Bob had three gallons.
They met Charlie who had no water at all and they all (Alice, Bob, and Charlie) shared the five gallons of water evenly.
As a token of his gratitude, Charlie gave them five gold coins.
What is the fair way to split these five coins?




Source: Ponder This






logical-deduction money







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marked as duplicate by Dr Xorile, Peregrine Rook, deep thought, Alconja, Glorfindel 27 mins ago


This question has been asked before and already has an answer. If those answers do not fully address your question, please ask a new question.























    5












    $begingroup$



    This question already has an answer here:




    • Who gets more money?

      2 answers





    Alice and Bob went walking in the desert.
    Alice had two gallons of water and Bob had three gallons.
    They met Charlie who had no water at all and they all (Alice, Bob, and Charlie) shared the five gallons of water evenly.
    As a token of his gratitude, Charlie gave them five gold coins.
    What is the fair way to split these five coins?




    Source: Ponder This






    logical-deduction money







    share|improve this question









    $endgroup$



    marked as duplicate by Dr Xorile, Peregrine Rook, deep thought, Alconja, Glorfindel 27 mins ago


    This question has been asked before and already has an answer. If those answers do not fully address your question, please ask a new question.





















      5












      5








      5





      $begingroup$



      This question already has an answer here:




      • Who gets more money?

        2 answers





      Alice and Bob went walking in the desert.
      Alice had two gallons of water and Bob had three gallons.
      They met Charlie who had no water at all and they all (Alice, Bob, and Charlie) shared the five gallons of water evenly.
      As a token of his gratitude, Charlie gave them five gold coins.
      What is the fair way to split these five coins?




      Source: Ponder This






      logical-deduction money







      share|improve this question









      $endgroup$





      This question already has an answer here:




      • Who gets more money?

        2 answers





      Alice and Bob went walking in the desert.
      Alice had two gallons of water and Bob had three gallons.
      They met Charlie who had no water at all and they all (Alice, Bob, and Charlie) shared the five gallons of water evenly.
      As a token of his gratitude, Charlie gave them five gold coins.
      What is the fair way to split these five coins?




      Source: Ponder This





      This question already has an answer here:




      • Who gets more money?

        2 answers







      logical-deduction money




      logical-deduction money






      share|improve this question













      share|improve this question











      share|improve this question




      share|improve this question










      asked 5 hours ago









      OHOOHO

      262




      262




      marked as duplicate by Dr Xorile, Peregrine Rook, deep thought, Alconja, Glorfindel 27 mins ago


      This question has been asked before and already has an answer. If those answers do not fully address your question, please ask a new question.









      marked as duplicate by Dr Xorile, Peregrine Rook, deep thought, Alconja, Glorfindel 27 mins ago


      This question has been asked before and already has an answer. If those answers do not fully address your question, please ask a new question.
























          2 Answers
          2






          active

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          10












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          Alice has 6/3 gallons of water. Bob has 9/3 gallons of water.



          After sharing the five gallons of water evenly,




          Alice has given Charlie 1/3 gallons of water and Bob has given him 4/3 gallons of water.




          As such, I believe Alice should get




          1 gold coin




          and Bob




          the other four - the effective trade is 1 gold coin for 1/3 gallons of water, here.







          share|improve this answer









          $endgroup$





















            0












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            That's one way of looking at it. Another, from the economists: using logarithmic utility. Alice, who has less water to begin with, is likely to value it more. 'Fair', should reflect that.






            share|improve this answer








            New contributor




            Ben S is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
            Check out our Code of Conduct.






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            • 1




              $begingroup$
              And how much coins?
              $endgroup$
              – Ahmed Ashour
              38 mins ago


















            2 Answers
            2






            active

            oldest

            votes








            2 Answers
            2






            active

            oldest

            votes









            active

            oldest

            votes






            active

            oldest

            votes









            10












            $begingroup$

            Alice has 6/3 gallons of water. Bob has 9/3 gallons of water.



            After sharing the five gallons of water evenly,




            Alice has given Charlie 1/3 gallons of water and Bob has given him 4/3 gallons of water.




            As such, I believe Alice should get




            1 gold coin




            and Bob




            the other four - the effective trade is 1 gold coin for 1/3 gallons of water, here.







            share|improve this answer









            $endgroup$


















              10












              $begingroup$

              Alice has 6/3 gallons of water. Bob has 9/3 gallons of water.



              After sharing the five gallons of water evenly,




              Alice has given Charlie 1/3 gallons of water and Bob has given him 4/3 gallons of water.




              As such, I believe Alice should get




              1 gold coin




              and Bob




              the other four - the effective trade is 1 gold coin for 1/3 gallons of water, here.







              share|improve this answer









              $endgroup$
















                10












                10








                10





                $begingroup$

                Alice has 6/3 gallons of water. Bob has 9/3 gallons of water.



                After sharing the five gallons of water evenly,




                Alice has given Charlie 1/3 gallons of water and Bob has given him 4/3 gallons of water.




                As such, I believe Alice should get




                1 gold coin




                and Bob




                the other four - the effective trade is 1 gold coin for 1/3 gallons of water, here.







                share|improve this answer









                $endgroup$



                Alice has 6/3 gallons of water. Bob has 9/3 gallons of water.



                After sharing the five gallons of water evenly,




                Alice has given Charlie 1/3 gallons of water and Bob has given him 4/3 gallons of water.




                As such, I believe Alice should get




                1 gold coin




                and Bob




                the other four - the effective trade is 1 gold coin for 1/3 gallons of water, here.








                share|improve this answer












                share|improve this answer



                share|improve this answer










                answered 5 hours ago









                BraeghBraegh

                4938




                4938























                    0












                    $begingroup$

                    That's one way of looking at it. Another, from the economists: using logarithmic utility. Alice, who has less water to begin with, is likely to value it more. 'Fair', should reflect that.






                    share|improve this answer








                    New contributor




                    Ben S is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
                    Check out our Code of Conduct.






                    $endgroup$









                    • 1




                      $begingroup$
                      And how much coins?
                      $endgroup$
                      – Ahmed Ashour
                      38 mins ago
















                    0












                    $begingroup$

                    That's one way of looking at it. Another, from the economists: using logarithmic utility. Alice, who has less water to begin with, is likely to value it more. 'Fair', should reflect that.






                    share|improve this answer








                    New contributor




                    Ben S is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
                    Check out our Code of Conduct.






                    $endgroup$









                    • 1




                      $begingroup$
                      And how much coins?
                      $endgroup$
                      – Ahmed Ashour
                      38 mins ago














                    0












                    0








                    0





                    $begingroup$

                    That's one way of looking at it. Another, from the economists: using logarithmic utility. Alice, who has less water to begin with, is likely to value it more. 'Fair', should reflect that.






                    share|improve this answer








                    New contributor




                    Ben S is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
                    Check out our Code of Conduct.






                    $endgroup$



                    That's one way of looking at it. Another, from the economists: using logarithmic utility. Alice, who has less water to begin with, is likely to value it more. 'Fair', should reflect that.







                    share|improve this answer








                    New contributor




                    Ben S is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
                    Check out our Code of Conduct.









                    share|improve this answer



                    share|improve this answer






                    New contributor




                    Ben S is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
                    Check out our Code of Conduct.









                    answered 42 mins ago









                    Ben SBen S

                    1




                    1




                    New contributor




                    Ben S is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
                    Check out our Code of Conduct.





                    New contributor





                    Ben S is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
                    Check out our Code of Conduct.






                    Ben S is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
                    Check out our Code of Conduct.








                    • 1




                      $begingroup$
                      And how much coins?
                      $endgroup$
                      – Ahmed Ashour
                      38 mins ago














                    • 1




                      $begingroup$
                      And how much coins?
                      $endgroup$
                      – Ahmed Ashour
                      38 mins ago








                    1




                    1




                    $begingroup$
                    And how much coins?
                    $endgroup$
                    – Ahmed Ashour
                    38 mins ago




                    $begingroup$
                    And how much coins?
                    $endgroup$
                    – Ahmed Ashour
                    38 mins ago



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