Method
Each player is given the list of goods and an equal number of points to distribute among them. He or she assigns a value to each good and submits it sealed to an arbiter.
The arbiter, or a computer program, assigns each item to the high bidder. Then, if players' total point values are unequal, the player with the higher total gives its least valuable asset to the other player; this is repeated, with splitting of a divisible asset if necessary, until the players have equal point values. (Ibid.)
As patented, this method does not handle multiple identical assets with diminishing marginal utility.
Read more about this topic: Adjusted Winner Procedure
Famous quotes containing the word method:
“The most passionate, consistent, extreme and implacable enemy of the Enlightenment and ... all forms of rationalism ... was Johann Georg Hamann. His influence, direct and indirect, upon the romantic revolt against universalism and scientific method ... was considerable and perhaps crucial.”
—Isaiah Berlin (b. 1909)
“The good husband finds method as efficient in the packing of fire-wood in a shed, or in the harvesting of fruits in the cellar, as in Peninsular campaigns or the files of the Department of State.”
—Ralph Waldo Emerson (1803–1882)
“As a science of the unconscious it is a therapeutic method, in the grand style, a method overarching the individual case. Call this, if you choose, a poet’s utopia.”
—Thomas Mann (1875–1955)