The Kalai-Smorodinsky Bargaining Solution Manipulated by Pre-Donations is Concessionary
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.
|Date of creation:||Aug 2007|
|Publication status:||Forthcoming: Under review|
|Contact details of provider:|| Postal: P.O. Box 248126, Coral Gables, FL 33124-6550|
Phone: (305) 284-5540
Fax: (305) 284-2985
Web page: http://www.bus.miami.edu/faculty-and-research/academic-departments/economics/index.html
More information through EDIRC
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.:
- Sertel, Murat R. & Ozkal-Sanver, Ipek, 2002.
"Manipulability of the men- (women-) optimal matching rule via endowments,"
Mathematical Social Sciences,
Elsevier, vol. 44(1), pages 65-83, September.
- Murat Sertel, 2000. "Manipulability of the Men-(Women) Optimal Matching Rule via Endowments," Working Papers 0014, Department of Economics, Bilkent University.
- Kalai, Ehud & Smorodinsky, Meir, 1975. "Other Solutions to Nash's Bargaining Problem," Econometrica, Econometric Society, vol. 43(3), pages 513-518, May.
- Kalai, Ehud, 1977. "Proportional Solutions to Bargaining Situations: Interpersonal Utility Comparisons," Econometrica, Econometric Society, vol. 45(7), pages 1623-1630, October.
- Ehud Kalai, 1977. "Proportional Solutions to Bargaining Situations: Interpersonal Utility Comparisons," Discussion Papers 179, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
- Sertel, Murat R., 1992. "The Nash bargaining solution manipulated by pre-donations is Talmudic," Economics Letters, Elsevier, vol. 40(1), pages 45-55, September.
- Thomson, William, 1994. "Cooperative models of bargaining," Handbook of Game Theory with Economic Applications,in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 2, chapter 35, pages 1237-1284 Elsevier.
- Thomson, W., 1989. "Cooperative Models Of Bargaining," RCER Working Papers 177, University of Rochester - Center for Economic Research (RCER).
- Sertel, Murat R., 1994. "Manipulating Lindahl equilibrium via endowments," Economics Letters, Elsevier, vol. 46(2), pages 167-171, October.
- Ehud Kalai, 1983. "Solutions to the Bargaining Problem," Discussion Papers 556, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Aumann, Robert J. & Maschler, Michael, 1985. "Game theoretic analysis of a bankruptcy problem from the Talmud," Journal of Economic Theory, Elsevier, vol. 36(2), pages 195-213, August. Full references (including those not matched with items on IDEAS)