This note is about the possibility of a stalemate in a continuing conflict. Following the prevailing economic … literature on the topic, under some assumptions, the outcome of a conflict can be described in two ways: (i) a predetermined … stake. By contrast, in reality many disputes do not have a clear or a definite outcome. A stalemate can end the conflict …

such as race, gender, or ethnicity is much less acceptable. Why? I develop a simple model of conflict which is driven by …

I analyze a bilateral bargaining model with one-sided uncertainty about time preferences. The uninformed player has the … option of halting the bargaining process to obtain additional information, when it is his turn to offer. For a wide class of …

presented using a symmetric bargaining norm. Necessary conditions for settlement to arise are the destructibility of war, and …

Litigation seems to be a Pareto-ineffcient outcome of pretrial bargaining; however, this paper shows that litigation …. Even if the plaintiff could obtain a higher payoff from bargaining than from litigation-without-bargaining, bargaining may …