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This paper provides a laboratory test of a model of bargaining in the shadow of conflict. Conflict rates are significant and are essentially invariant to power asymmetries. This invariance is due to the paradox of countervailing concessions.
“An Experimental Analysis of Asymmetric Power in Conflict Bargaining" (with Katri Sieberg, David Clark, Charles Holt, and Timothy Nordstrom), Games, 2013, 4(3) pages 375-397.
Matlab code for MLE estimation of the QRE.