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The Kalai-Smorodinsky Bargaining Solution Manipulated by Pre-Donations is Concessionary

Serife Akin and Murat Sertel

No 718, Working Papers from University of Miami, Department of Economics

Abstract: 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.

Keywords: Bargaining Solutions; Pre-donation; Kalai-Smorodinsky (search for similar items in EconPapers)
JEL-codes: C7 D7 (search for similar items in EconPapers)
Pages: 11 pages
Date: 2007-08
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Forthcoming: Under review

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