The question may sounds like typical IQ question, but I find the answer interesting and immediately reminds me of the common situation in estate planning and distribution, which is why I thought to share it here. So let's try to answer this.
How would you do?
Take it simple...
Mathematically, you would be thinking how to cut it into halves, how to make sure that the cut passes through the precise center of the apple and even the angle of the knife cutting through.
Try to be smart...
IQ question cannot be that easy! So the best way you can come out with is to make them into apple juice and divide equally. That's much more quantifiable compare to cutting it.
The answer is...
Cut and Choose method or also known as "I Cut, You Choose". Basically it means one person divides the apple into what they believe are equal halves, and the other person chooses the "half" they prefer. Thus, the person that cutting the apple would want to divide as fairly as possible, so that he or she will not be left with an undesirable portion.
无怨一定公平,但是公平不一定无怨。
Envy-Free Fair Division.
Thru cut and choose method, both party would be satisfied without complaints, so this is an envy-free fair division. Fair division relates so much to the real life problem such as the divorce settlement or even estate distribution, which causes a lot of family dispute.
Taken from one of the slides in my "Estate Planning for Greater Family Happiness" talk.
Through the above example, you can tell fair might not be equal and equal might not be fair. So most importantly, it is the Envy-Free Fair Division solution that is needed to avoid all the complications in the future for estate distribution. No amount of money can compensate for a shattered family. So it is important for you to do your estate planning well now!
If you didn't get the answer right for the apple distribution,
what about all of your assets which is much more complicated?
Till then.
Happy planning! ;)
Interesting, Henry! Happy holidays!
ReplyDeleteThanks Shirley! Merry Christmas and Happy Holiday!
DeleteMenarik sangat. Hurmmm... Lain orang lain pemikirannya. For me, Pembahagian tu biarlah seara adil ☺
ReplyDeletelike my post mentioned, how do you define adil? ;)
Deleteeverything must be fair and square, different people different thinking..
ReplyDeletethat's what we call envy-free fair division!
DeleteYa setuju sangat, cara kita menunjukkan siapa kita. btw nice entry bro
ReplyDeletethanks bro! glad that you like it.
DeleteNice sharing...fair lagi bagus tapi zaman skrg susah nak cari org yg boleh bahagi sama rata
ReplyDeletelol sama rata doesnt mean fair right.
Deletehaah... fair does not mean equal... adil tu bila mana kita meletakkan sesuatu kena pada tempatnya.
ReplyDeleteyes exactly! thanks for reading the post!
DeleteVery nice explanation about fair n equal. It opens my eyes the difference between these two. Thank you !
ReplyDeleteyou are most welcome. glad that it helps! and thanks for reading!
DeleteThe idea seems cool even its quite hard for me to digest. But I get it. Haha
ReplyDeleteyes it is hard to digest, but if you think about it, that's the best way for envy free fair division.
DeleteDifferent people think different ways. It is better to be fair than equal but in these days, people tend to get greedy
ReplyDeleteyup, especially when it comes to estate distribution.
Deletefor Muslim, eventho there's Faraid Law, but i think some of them still prefer to giveaway as gift right.
I like your quotes. It is so true
ReplyDeleteglad that you like it!
Deletei would choose cut the apple
ReplyDeleteregardless what you choose, it is going to be envy free fair division. ;)
DeleteNice sharing henry...
ReplyDeleteBtw in science...i would say the second one is the fair one..simply bcause both can get the equal juice one..
Sharing from my science view
lol Alia i think you didnt read the whole post.
DeleteEven the juice is not the fairest of all.
thanks you sharing info :)
ReplyDeletehope it helps.
Deletepenjelasan yang sangat baik tentang motivasi hidup
ReplyDeletethank you but it has nothing to do with motivasi hidup.
DeleteNice info, it really reminds me of sharing a husband between two wives in Islam, hehe sorry a bit off topic but its kind of related. Fair certainly doesn't mean equal.
ReplyDeleteJom tingkatkan trafik blog anda dengan 12 tip sempoi ini
hahaha yes i think it is related. especially when it comes to estate distribution when the husband passed on.
Deletehey it is a good tip, share equally but discrimination made it became hard, I hate discrimination haha
ReplyDeletei think the word should be fairly, instead of equally right.
DeleteAgree with equal sharing but it also depends on people. Are they willing to share. Human nature sometime a bit stingy.
ReplyDeleteyes that's why we have seen so many dispute when it comes to estate distribution.
Deletedonno what to say, because am one of the rationalize list this coming month. huhu
ReplyDelete