Herbst, Luisa; Konrad, Kai A.; Morath, Florian - Max-Planck-Institut für Steuerrecht und öffentliche … - 2014
We study the role of an imbalance in fighting strengths when players bargain in the shadow of conflict. Our … experimental results suggest: In a simple bargaining game with an exogenous mediation proposal, the likelihood of conflict is … independent of the balance of power. If bargaining involves endogenous demand choices, however, the likelihood of conflict is …