We propose a model of cycles of distrust and conflict. Overlapping generations of agents from two groups sequentially … a sequence of bad actions originated. Assuming that both sides are not extremists, spirals of distrust and conflict get … this mechanism can be useful in interpreting cycles of ethnic conflict and international war, and how it also emerges in …

In this article, we document and discuss salient features of collective bargaining systems in the OECD countries, with … bargaining. We hope that such an interest may help close the gap between how economists tend to model wage setting and how wages … that firms or employer associations bargain with unions over wages, producing collective bargaining systems. We show that …

-degenerate higher-order beliefs) can lead to conflict and drive its dynamics. We develop our analysis in the context of three classic … learning about the opponent's type, as well as the possibility of conflict spirals, traps, and cycles; and a deterrence model …. We relate these models to the empirical literature and to current and historical episodes of conflict …

We study patterns of behavior in bilateral bargaining situations using a rich, new dataset describing over 88 million … listings from eBay's Best Offer platform, with back-and-forth bargaining occurring in over 25 million of these listings. We … document patterns of behavior and relate them to "rational" and "psychological" theories of bargaining and find that bargaining …

financial contracting predicts that liquidation values determine the allocation of bargaining power between creditors and … bargaining. This paper attempts to fill this gap. We develop an incomplete-contracting model of financial contract renegotiation …

behavior in various different situations, including games of common interest, coordination, asset trading and bargaining …