 Efficient cake-cutting

Efficient cake-cutting is a concept from game theory and fair division that deals with the equitable and efficient distribution of resources among multiple parties, often illustrated through the metaphor of dividing a cake. The main objective is to divide the cake (or resource) in such a way that all parties involved feel they have received a fair share, while also maximizing the total value of the resource being divided. ### Key Concepts: 1. **Fairness**: The division should be perceived as fair by all participants.