An Asymmetric Kalai-Smorodinsky Solution

Abstract

In 1972, Harsanyi and Selten characterized a one parameter asymmetric Nash solution. In this note I do the analog for the Kalai-Smorodinsky solution. By dropping symmetry and adding a restrivted version of Independence of Irrelevant Alternatives to the set of axioms that lead to the Kalai-Smorodinsky solution, I characterize an asymmetric version of that solution concept that depends only on one parameter.BARGAINING