Nico, Mikey and Jess are on a road trip and are trying to decide how much food to take with them in the car.They decide that whoever values the food most highly will have to go and buy it for everyone before they depart.One problem with this approach is:
A)Nico, Mikey and Jess might not like the same foods
B)all three friends might reduce the value they report that they place on the food to avoid having to buy it
C)none of the friends can adequately report how hungry they feel before the trip
D)the food is a common resource so they won't be able to buy an adequate quantity of it

Question

Quizplus · Accepted Answer

This approach is flawed because all three friends might reduce the value they report that they place on the food to avoid having to buy it. This could result in them not bringing enough food for the trip.

Nico, Mikey and Jess Are on a Road Trip and Are