setting in which there is no conflict in material interests: a proposer, holding the role of residual claimant, chooses the … harms the proposer. Notwithstanding, maximal claims by proposers are predominant for all game types. This generates conflict … and results in a considerable loss of efficiency. -- Social Preferences ; Conflict ; Experimental Economics ; Bargaining …

protocol or a conflict to appropriate the surplus. In the cooperative negotiations, disagreement corresponds to a pro rata … which conflict will be preferred to negotiated agreements (and vice versa), and we derive welfare implications. Finally, we … their relative size on the profitability of negotiated agreements. -- Bargaining ; Conflict ; Agency Problem …

-contractible up-front investments to improve their bargaining position and gain advantage for possible future conflict. Bargaining is … efficient ex post, but we show that a player may prefer Conflict ex ante if there are sufficient asymmetries in strength. There … are two sources of this finding. First, up-front investments are more dissimilar between players under Conflict, and they …

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 …

resource. If challenger rejects, conflict ensues. During conflict each player could be a tough type for whom fighting is … shadow of exogenously specified conflicts, the rejected offer determines how conflict is played if negotiations fail. In turn …, how players are expected to play during conflict determines their negotiating positions. In equilibrium, negotiations …

We present a version of Baliga and Sjöström’s (2012a) conflict games with two asymmetric players. The players …

In this chapter, we review the recent literature on conflict and appropriation. Allowing for the possibility of … conflict, which amounts to recognizing the possibility that property rights are not perfectly and costlessly enforced … technologies of conflict. A central objective of this research is to identify the effects of conflict on economic outcomes: the …