Научный семинар МИЭФ, Мария Тетерятникова (University of Vienna)
Докладчик: Мария Тетерятникова (University of Vienna)
Тема доклада: "Bank Bailouts with On-site Monitors: Evidence from a Regulatory Experiment"
Тезисы доклада: 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.