You and a friend, are walking down the street when you meet an older couple with a bag of money. The older couple makes the following offer: We wish to give the two of you $100,000 if you can decide how it should be decided between the two of you in the next 3 minutes. You say, "So, dude, what do you say? How about fifty thousand dollars each". To your dismay, your friend answers, "Gee, I'm really sorry, but my mother needs an expensive operation. So, I'll take eighty thousand dollars and you can have twenty thousand. I won't settle for anything less!"
What do you do? Insist on an even split at the risk of getting nothing or take the $20,000 and be happy?
What do you do? Insist on an even split at the risk of getting nothing or take the $20,000 and be happy?