Page Jr, Frank H; Wooders, Myrna H; Kamat, Samir - Department of Economics, University of Warwick - 2001
The main contribution of this paper is to provide a framework in which the notion of farsighted stability for games, introduced by Chwe (1994), can be applied to direct networks. Then using Chwe's basic result on the nonemptiness of farsighted stable sets for games, we show that for any given...
