Houba, Harold; Wen, Quan - In: Economics Bulletin 3 (2006) 3, pp. 1-6
Slantchev (2003, American Political Science Review, 97) studies a class of negotiation models to explain costly conflict between two completely informed nations. In one of his main propositions (Proposition 2.3), Slantchev provides a strategy profile to support the so-called extremal subgame...