Baliga, Sandeep; Sjöström, Tomas - 2023
negotiations are frictionless. Thus, the Coase conjecture does not hold. We study how the minimum length of conflict depends on the …We study whether the Coase conjecture holds in a model of bargaining during conflict due to Powell and Fearon. Two … players, A and B, contest a divisible resource. At any time during the conflict, they can make a binding agreement to share …
