lastdiminisher
The last diminisher is a cake-cutting protocol used to divide a divisible good (the cake) among n players who may have different valuations of the cake. It is designed to produce a proportional division, meaning each player receives a piece they value at least 1/n of the whole according to their own valuation.
The cake is allocated in rounds. With k remaining players, the current piece is initially the whole
This method guarantees a proportional allocation: the recipient of each piece values it at least 1/k of
Historically, the last diminisher is one of the standard proportional division procedures in cake-cutting theory. It