We analyze the simplest Condorcet cycle with three players and three alternatives within a strategic bargaining model …

recognition probabilities, in a model of strategic bargaining with Condorcet cycles. Overall, we find only limited support for the … equilibrium predictions. The main deviations from theory are: a) Subjects under-exploit their bargaining power by being more … asymmetries have on bargaining power, especially when the asymmetries relate to recognition probabilities. …

We analyze the simplest Condorcet cycle with three players and three alternatives within a strategic bargaining model …