S. Nuray Akin () (Department of Economics, University of Miami) Murat R. Sertel (Department of Economics, Bogazici University and Bilkent University, Turkey)
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This study examines the manipulability of simple n-person bargaining problems by pre-donations where the Kalai-Smorodinsky solution is operant. We extend previous results on the manipulation of two-person bargaining problems to the n-person case and show that in a world where a prebargaining stage is instituted in which the bargainers may unilaterally alter the bargaining problem, bargainers with greater ideal payoffs transform the bargaining set into one on which the Kalai- Smorodinsky solution distributes payoffs in accordance with the Concessionary division rule of disputed property.
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Paper provided by University of Miami, Department of Economics in its series Working Papers with number
0718.
Find related papers by JEL classification: C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory D7 - Microeconomics - - Analysis of Collective Decision-Making
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