I didn't think “I cut, you choose” is that fair.
Since often it's difficult to cut fairly, so the other person gets to pick a bigger piece always.
Since often it's difficult to cut fairly, so the other person gets to pick a bigger piece always.
The REALLY smart ones may have done a cost-benefit analysis and decided that the payoff from the metagame - an increment in your opinion of them - is not worth as much utility as the incrementally bigger cake.