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  • 标题:Myopic or farsighted? An experiment on network formation
  • 本地全文:下载
  • 作者:KIRCHSTEIGER, Georg ; MANTOVANI ; Marco
  • 期刊名称:Discussion Paper / Département des Sciences Économiques de l'Université Catholique de Louvain
  • 印刷版ISSN:1379-244X
  • 出版年度:2011
  • 卷号:1
  • 出版社:Université catholique de 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
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