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Fallback Bargaining

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Author Info
Brams, S.J.
Kilgour, D.M.

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Abstract

Fallback bargaining is a bargaining procedure under which bargainers begin by indicating their preference rankings over all alternatives. They then fall back, in lockstep, to less and less preferred alternatives - starting with first choices, then adding second choices, and so on - until an alternative is found on which all bargainers agree. This common agreement, which becomes the outcome of the procedure, may be different if a decision rule other than unanimity is used.

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File URL: http://econ.as.nyu.edu/docs/IO/9381/RR98-10.PDF
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Publisher Info
Paper provided by C.V. Starr Center for Applied Economics, New York University in its series Working Papers with number 98-10.

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Length: 32 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:cvs:starer:98-10

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Postal: C.V. Starr Center, Department of Economics, New York University, 19 W. 4th Street, 6th Floor, New York, NY 10012
Phone: (212) 998-8936
Fax: (212) 995-3932
Web page: http://econ.as.nyu.edu/object/econ.cvstarr.html
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Postal: C.V. Starr Center, Department of Economics, New York University, 19 W. 4th Street, 6th Floor, New York, NY 10012
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Related research
Keywords: BARGAINING ; SOCIAL CHOICE ; NASH EQUILIBRIUM;

Other versions of this item:

Find related papers by JEL classification:
D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Brams, Steven J. & Potthoff, Richard F., 1997. "Proportional Representation: Broadening the Options," Working Papers 97-06, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
  2. Satterthwaite, Mark Allen, 1975. "Strategy-proofness and Arrow's conditions: Existence and correspondence theorems for voting procedures and social welfare functions," Journal of Economic Theory, Elsevier, vol. 10(2), pages 187-217, April. [Downloadable!] (restricted)
  3. Brams, S.J. & Doherty, A.E., 1992. "Intransigence in Negotiations: The Dynamics of Disagreement," Working Papers 92-30, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
  4. Gibbard, Allan, 1973. "Manipulation of Voting Schemes: A General Result," Econometrica, Econometric Society, vol. 41(4), pages 587-601, July. [Downloadable!] (restricted)
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Brams, S. J. & Jones, M. A. & Kilgour, M. D., 2001. "Single-Peakedness and Disconnected Coalitions," Working Papers 01-06, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
  2. Steven J. Brams & Michael A. Jones & D.Marc Kilgour, 2003. "Forming Stable Coalitions: The Process Matters," Working Papers 2003.97, Fondazione Eni Enrico Mattei. [Downloadable!]
    Other versions:
  3. Steven Brams & D. Kilgour & M. Sanver, 2007. "A minimax procedure for electing committees," Public Choice, Springer, vol. 132(3), pages 401-420, September. [Downloadable!] (restricted)
  4. Brams, S.J. & Jones, M.A. & Kilgour, D.M., 1999. "The Paradox of Disconnected Coalitions," Working Papers 99-19, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
  5. Brams, S.J. & Sanver, R.M., 2003. "Voter Sovereignty and Election Outcomes," Working Papers 03-07, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
Statistics
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This page was last updated on 2009-11-25.

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