I apologize if this is a dumb question.
Basically, I'm wondering if the following is equivalent to the last diminisher procedure. If not, I'm curious why this fails. What I have in mind is as follows:
The idea is that the person cutting the cake must give the other players an opportunity to take the slice; however, if none of the other players take the slice, the person who cut the slice must take the slice. So suppose $A, B$, and $C$ are dividing a cake. $A$ gets to cut a slice first. Then $B$ and $C$ each have a kind of right of first refusal. $B$ can take the slice or not. Then $C$ can take the slice or not. If neither $B$ or $C$ take the slice, $A$ must take the slice. Then the same procedure for the remainder of the cake is carried out between $B$ and $C$, which just reduces to the divide and choose procedure.