Data/hora: 13/06/2024 08:18:40

Provedor de dados: | 31
País: | United States
Título: | Myopic or Farsighted? An Experiment on Network Formation
Autores: | Mantovani,   Marco; Kirchsteiger,   Georg; Mauleon,   Ana; Vannetelbosch,   Vincent.
Data: | 2011-06-30
Ano: | 2011
Palavras-chave: | Network Formation; Experiment; Myopic and Farsighted Stability; Environmental Economics and Policy; D85; C91; C92.
Resumo: | 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.
Tipo: | Working or Discussion Paper
Idioma: | Inglês
Identificador: | http://purl.umn.edu/108256

Relação:

Fondazione Eni Enrico Mattei (FEEM)&gt;Climate Change and Sustainable Development

CCSD

45.2011

Formato: | 32