Myopic or Farsighted? An Experiment on Network Formation

dc.creatorMantovani, Marco
dc.creatorKirchsteiger, Georg
dc.creatorMauleon, Ana
dc.creatorVannetelbosch, Vincent
dc.date2017-04-01T13:55:21Z
dc.date.accessioned2026-07-09T05:37:51Z
dc.descriptionPairwise 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.
dc.identifierdoi:10.22004/ag.econ.108256
dc.identifierhttps://ageconsearch.umn.edu/record/108256/files/NDL2011-045.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/108256
dc.identifier.urihttp://hdl.handle.net/123456789/566293
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/108256
dc.titleMyopic or Farsighted? An Experiment on Network Formation
dc.typeText

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