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Regular version of the site

Research Seminar by Mariya Teteryatnikova (University of Vienna)

On Thursday, January 15 at 4.40 pm, room 3211 (Shabolovka str. 26) ICEF held the Research Seminar.
Speaker: Mariya Teteryatnikova  (University of Vienna)
Theme: "Stability of Networks with Continuous Stream of Payoffs: A Theory and Experiment"


Abstract: 
We propose a new notion of farsighted pairwise stability for dynamic network formation which includes two notable features: cautiousness and consideration of intermediate payoffs. This differs from existing concepts which require a certain optimism on the part of the players in any environment without full communication and commitment, and which typically consider either only immediate or final payoffs. In a laboratory experiment we find some support for existing concepts, however our's is the only one that identifies precisely the set of empirically stable networks.


Forthcoming seminars

Past seminar