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 …

from surprise warfare may agree to peace, but will later renege on it. It is shown that the levels of conflict chosen by … (sanctions) can reduce or eliminate conflict. These sanctions, however, need to be credible. Finally, the independent provision …

from surprise warfare may agree to peace, but will later renege on it. It is shown that the levels of conflict chosen by … (sanctions) can reduce or eliminate conflict. These sanctions, however, need to be credible. Finally, the independent provision …

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 …

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 …

by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation … why. Compared to a single-stage conflict, such structures can reduce the overall resources that are dissipated among the …

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 …