Question: The next problems center on the following scenario. Sisters Sofia, Helena, and Maria get a bundle of assorted tickets from their eccentric Uncle Vanya. He


The next problems center on the following scenario. Sisters Sofia, Helena, and Maria get a bundle of assorted tickets from their eccentric Uncle Vanya. He didn't specify who gets what, so they decide to use Knaster's Inheritance Procedure to determine the allocation. The sister's valuations are as follows Sofia Helena Maria Concert Ticket $251 $300 $350 $360 $400 $450 Sporting Match Ticket Broadway Show Ticket $800 $1000 $600 Bucket of Arcade Tickets $7 $5 $4 Answer the following questions about this scenario. Explain the ways in which the Knaster Inheritance Procedure has produced a "fair" outcome for this tickets scenario. Also indicate any ways that the outcome is "unfair." Use the terminology provided by fairness criteria, addressing equity, proportionality, and envy. Your
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