Ghosh, Sambuddha; Gratton, Gabriele; Shen, Caixia - 2018
costless. Therefore non-concession intimidates the opponent into conceding. Unlike in models where negotiations happen in the … 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 …