Strikes, just as other types of conflict, used to be difficult to explain from an economic perspective. Initially, it …

/2; if neither offer falls into the interval, there is no settlement. Comparisons are made with other bargaining mechanisms …

option is a probabilistic conflict and a peaceful agreement is ex ante efficient. Applications include partnership, labor …-management bargaining, pretrial negotiations, and international negotiations. I compute the set of interim incentive efficient mechanisms …, the ex ante incentive efficient mechanism, as well as the neutral bargaining solution. I numerically illustrate that the …

I examine the determinants of conflict and settlement by embedding probabilistic contests in a bargaining framework … frontiers. After examining the incentives for settlement, I demonstrate how different division rules and bargaining norms have … real, economic effects. I then analyze some sources of conflict. I emphasize long-term, strategic considerations by …

of bargaining, where offers are made, with claim stages, where one side can commit to impose surrender on the other … both wrong. Bargaining proposals that are rejected initially might eventually be accepted after several periods of … strengths of contenders at attack and defense. Changes in these parameters display non-monotonic effects. -- bargaining …

issue by modelling the automated negotiation process as a two-person bargaining game under incomplete information. A first …

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 …We study the role of an imbalance in fighting strengths when players bargain in the shadow of conflict. Our …

We present a novel approach to N-person bargaining, based on the idea that the agreement reached in a negotiation is … determined by how the direct conflict resulting from disagreement would be resolved. Our basic building block is the disagreement … individual rationality we reach a unique solution: the agreement in the shadow of conflict, ASC. This agreement may be construed …

We present a novel approach to N-person bargaining, based on the idea that the agreement reached in a negotiation is … determined by how the direct conflict resulting from disagreement would be resolved. Our basic building block is the disagreement … bargaining problem, a weak axiom based on individual rationality leads to a unique solution: the agreement in the shadow of …