Hoyer, Britta; Rosenkranz, Stephanie - In: Games 9 (2018) 4/89, pp. 1-25
Theoretical models on network formation focus mostly on the stability and efficiency of equilibria, but they cannot … starting network. To study factors affecting equilibrium selection, we designed a network formation experiment with multiple … stage in which the network is disrupted. This setting allows us to analyze the interplay between the need for farsightedness …