IDEAS home Printed from https://ideas.repec.org/p/cvs/starer/98-10.html
   My bibliography  Save this paper

Fallback Bargaining

Author

Listed:
  • Brams, S.J.
  • Kilgour, D.M.

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.

Suggested Citation

  • Brams, S.J. & Kilgour, D.M., 1998. "Fallback Bargaining," Working Papers 98-10, C.V. Starr Center for Applied Economics, New York University.
    • Handle: RePEc:cvs:starer:98-10
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Richard F. Potthoff & Steven J. Brams, 1998. "Proportional Representation," Journal of Theoretical Politics, , vol. 10(2), pages 147-178, April.
    2. Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
    3. Bilge Yilmaz & Murat R. Sertel, 1999. "The majoritarian compromise is majoritarian-optimal and subgame-perfect implementable," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 16(4), pages 615-627.
    4. Steven J. Brams & Ann E. Doherty, 1993. "Intransigence in Negotiations," Journal of Conflict Resolution, Peace Science Society (International), vol. 37(4), pages 692-708, December.
    5. 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.
    6. Gibbard, Allan, 1973. "Manipulation of Voting Schemes: A General Result," Econometrica, Econometric Society, vol. 41(4), pages 587-601, July.
    7. Brams,Steven J. & Taylor,Alan D., 1996. "Fair Division," Cambridge Books, Cambridge University Press, number 9780521556446, January.
    8. Brams, Steven J. & Fishburn, Peter C., 1978. "Approval Voting," American Political Science Review, Cambridge University Press, vol. 72(3), pages 831-847, September.
    9. Leonid Hurwicz, 1996. "Institutions As Families Of Game Forms," The Japanese Economic Review, Japanese Economic Association, vol. 47(2), pages 113-132, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fabio Galeotti & Maria Montero & Anders Poulsen, 2022. "The Attraction and Compromise Effects in Bargaining: Experimental Evidence," Management Science, INFORMS, vol. 68(4), pages 2987-3007, April.
    2. Hatzivelkos, Aleksandar, 2024. "Note on compromise axiom," Mathematical Social Sciences, Elsevier, vol. 130(C), pages 38-47.
    3. Steven Brams & D. Kilgour, 2013. "Kingmakers and leaders in coalition formation," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 41(1), pages 1-18, June.
    4. Ronan Congar & Vincent Merlin, 2012. "A characterization of the maximin rule in the context of voting," Theory and Decision, Springer, vol. 72(1), pages 131-147, January.
    5. , & ,, 2012. "Reason-based choice: a bargaining rationale for the attraction and compromise effects," Theoretical Economics, Econometric Society, vol. 7(1), January.
    6. Bonifacio Llamazares & Teresa Peña, 2015. "Positional Voting Systems Generated by Cumulative Standings Functions," Group Decision and Negotiation, Springer, vol. 24(5), pages 777-801, September.
    7. Aleksei Yu. Kondratev & Alexander S. Nesterov, 2018. "Measuring Majority Tyranny: Axiomatic Approach," HSE Working papers WP BRP 194/EC/2018, National Research University Higher School of Economics.
    8. Majid Sheikhmohammady & D. Marc Kilgour & Keith W. Hipel, 2010. "Modeling the Caspian Sea Negotiations," Group Decision and Negotiation, Springer, vol. 19(2), pages 149-168, March.
    9. Steven Brams & Michael Jones & D. Kilgour, 2005. "Forming stable coalitions: The process matters," Public Choice, Springer, vol. 125(1), pages 67-94, July.
    10. Gilbert Laffond & Jean Lainé, 2012. "Searching for a Compromise in Multiple Referendum," Group Decision and Negotiation, Springer, vol. 21(4), pages 551-569, July.
    11. İpek Özkal-Sanver & M. Remzi Sanver, 2004. "Efficiency in the Degree of Compromise: A New Axiom for Social Choice," Group Decision and Negotiation, Springer, vol. 13(4), pages 375-380, July.
    12. Kaveh Madani & Majid Sheikhmohammady & Soroush Mokhtari & Mojtaba Moradi & Petros Xanthopoulos, 2014. "Social Planner’s Solution for the Caspian Sea Conflict," Group Decision and Negotiation, Springer, vol. 23(3), pages 579-596, May.
    13. Majid Sheikhmohammady & Keith W. Hipel & D. Marc Kilgour, 2012. "Formal Analysis of Multilateral Negotiations Over the Legal Status of the Caspian Sea," Group Decision and Negotiation, Springer, vol. 21(3), pages 305-329, May.
    14. Brañas-Garza, Pablo & Espinosa, María Paz & Giritligil, Ayca E., 2022. "On the transmission of democratic values," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 885-896.
    15. John Conley & Simon Wilkie, 2012. "The ordinal egalitarian bargaining solution for finite choice sets," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 38(1), pages 23-42, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Murat R. Sertel & M. Remzi Sanver, 2004. "Strong equilibrium outcomes of voting games ¶are the generalized Condorcet winners," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 22(2), pages 331-347, April.
    2. John C. McCabe-Dansted & Arkadii Slinko, 2006. "Exploratory Analysis of Similarities Between Social Choice Rules," Group Decision and Negotiation, Springer, vol. 15(1), pages 77-107, January.
    3. Arzu Kıbrıs & Özgür Kıbrıs & Mehmet Yiğit Gürdal, 2022. "Protectionist demands in globalization," Review of Economic Design, Springer;Society for Economic Design, vol. 26(3), pages 345-365, September.
    4. Erdamar, Bora & Sanver, M. Remzi & Sato, Shin, 2017. "Evaluationwise strategy-proofness," Games and Economic Behavior, Elsevier, vol. 106(C), pages 227-238.
    5. Peter Kurrild-Klitgaard, 2014. "Empirical social choice: an introduction," Public Choice, Springer, vol. 158(3), pages 297-310, March.
    6. Wolitzky, Alexander, 2009. "Fully sincere voting," Games and Economic Behavior, Elsevier, vol. 67(2), pages 720-735, November.
    7. Roger B. Myerson, 1991. "Proportional Representation," Discussion Papers 928, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    8. Hammond, Peter J, 2018. "Allocation Mechanisms, Incentives, and Endemic Institutional Externalities," The Warwick Economics Research Paper Series (TWERPS) 1162, University of Warwick, Department of Economics.
    9. Haris Aziz & Alexander Lam & Barton E. Lee & Toby Walsh, 2021. "Strategyproof and Proportionally Fair Facility Location," Papers 2111.01566, arXiv.org, revised Nov 2023.
    10. Joseph Mullat, 2001. "Calculus of Bargaining Solution on Boolean Tables," Economics Bulletin, AccessEcon, vol. 28(15), pages 1.
    11. Carlos Alós-Ferrer & Ðura-Georg Granić, 2012. "Two field experiments on Approval Voting in Germany," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 39(1), pages 171-205, June.
    12. Dellis, Arnaud, 2009. "Would letting people vote for multiple candidates yield policy moderation?," Journal of Economic Theory, Elsevier, vol. 144(2), pages 772-801, March.
    13. Mizukami, Hideki & Wakayama, Takuma, 2020. "Dominant strategy implementation of bargaining solutions," Mathematical Social Sciences, Elsevier, vol. 104(C), pages 60-67.
    14. Osório, António (António Miguel), 2016. "Judgement and Ranking: Living with Hidden Bias," Working Papers 2072/267264, Universitat Rovira i Virgili, Department of Economics.
    15. Steven Brams & Peter Fishburn & Samuel Merrill, 1988. "The responsiveness of approval voting: Comments on Saari and Van Newenhizen," Public Choice, Springer, vol. 59(2), pages 121-131, November.
    16. Etro, Federico, 2017. "Research in economics and game theory. A 70th anniversary," Research in Economics, Elsevier, vol. 71(1), pages 1-7.
    17. Kotaro Suzumura, 2002. "Introduction to social choice and welfare," Temi di discussione (Economic working papers) 442, Bank of Italy, Economic Research and International Relations Area.
    18. Hannu Nurmi, 1993. "Problems in the Theory of Institutional Design," Journal of Theoretical Politics, , vol. 5(4), pages 523-540, October.
    19. , & Smith, Doug, 2014. "Robust mechanism design and dominant strategy voting rules," Theoretical Economics, Econometric Society, vol. 9(2), May.
    20. Roberto Serrano, 2003. "The Theory of Implementation of Social Choice Rules," Working Papers 2003-19, Brown University, Department of Economics.

    More about this item

    Keywords

    BARGAINING ; SOCIAL CHOICE ; NASH EQUILIBRIUM;
    All these keywords.

    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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cvs:starer:98-10. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anne Stubing (email available below). General contact details of provider: https://edirc.repec.org/data/aenyuus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.