Determinants of Equilibrium Selection in Network Formation: An Experiment
Theoretical models on network formation focus mostly on the stability and efficiency of equilibria, but they cannot deliver an understanding of why specific equilibrium networks are selected or whether they are all actually reachable from any starting network. To study factors affecting equilibrium...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2018-11-01
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Series: | Games |
Subjects: | |
Online Access: | https://www.mdpi.com/2073-4336/9/4/89 |