期刊名称:CORE Discussion Papers / Center for Operations Research and Econometrics (UCL), Louvain
出版年度:2011
卷号:2011
期号:1
出版社:Center for Operations Research and Econometrics (UCL), Louvain
摘要:Pairwise stability (Jackson and Wolinsky, 1996) is the standard stability concept in
network formation. It assumes myopic behavior of the agents in the sense that they
do not forecast how others might react to their actions. Assuming that agents are
farsighted, related stability concepts have been proposed. We design a simple
network formation experiment to test these theories. Our results provide support for
farsighted stability and strongly reject the idea of myopic behavior
关键词:experiment, myopic and farsighted stability and network formation