How to Settle an Estate
研究如何在两个受益人之间公平分割一组不可分割的资产，同时考虑市场价值和税基，并探讨结合主观价值与客观价值的模型及计算方法。
This paper considers the equitable division of a set of assets, all or some of which are indivisible, among two beneficiaries, simultaneously using several methods of valuing the assets. The problem arises when a fiduciary is required to distribute the assets—of a trust or estate, or to divide the property in a divorce or in dissolution of a partnership—in which the assets have separate market values and tax bases. In other variations of this problem, the beneficiaries are presumed also to possess an infinitely divisible asset, such as cash, or some of the assets may be liquidated. Models for combining consideration of subjective values for the assets in addition to the objective market values are considered. Computational methods for these problems are discussed and illustrated.