Consider the p-V diagrams of an ideal and real stirling cycle, as found here The article suggests that dead volumes reduce the efficiency of a stirling engine. On the other hand, a simple thought experiment that comparas an ideal stilring engine A with a bigger real stirling engine B, where B has dead volumes so the amount of actually working fluid in both is the same, suggests that the thermodynamic efficiency should be the same. Only the power-per-cycle should suffer from dead volume.
To clarify, dead volume means volume (in the hot or cold chamber or regenerator) not being swept by the pistons.
