Skaperdas, Stergios - Department of Economics, University of California-Irvine - 2006
I examine the determinants of conflict and settlement by embedding probabilistic contests in a bargaining framework …. Different costly enforcement efforts (e.g., arming, litigation expenditures) induce different disagreement points and Pareto … frontiers. After examining the incentives for settlement, I demonstrate how different division rules and bargaining norms have …