IDEAS home Printed from https://ideas.repec.org/p/tiu/tiucen/03f2ece9-902b-4dba-a16e-0dfa9fc16a9e.html
   My bibliography  Save this paper

Network Stability under Limited Foresight

Author

Listed:
  • Herings, P.J.J.

    (Tilburg University, Center For Economic Research)

  • Khan, Abhimanyu

Abstract

No abstract is available for this item.

Suggested Citation

  • Herings, P.J.J. & Khan, Abhimanyu, 2022. "Network Stability under Limited Foresight," Discussion Paper 2022-013, Tilburg University, Center for Economic Research.
    • Handle: RePEc:tiu:tiucen:03f2ece9-902b-4dba-a16e-0dfa9fc16a9e
    as

    Download full text from publisher

    File URL: https://pure.uvt.nl/ws/portalfiles/portal/62270162/2022_013.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Glenn Ellison, 2000. "Basins of Attraction, Long-Run Stochastic Stability, and the Speed of Step-by-Step Evolution," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 67(1), pages 17-45.
    2. Jackson, Matthew O. & van den Nouweland, Anne, 2005. "Strongly stable networks," Games and Economic Behavior, Elsevier, vol. 51(2), pages 420-444, May.
    3. Page, Frank Jr. & Wooders, Myrna H. & Kamat, Samir, 2005. "Networks and farsighted stability," Journal of Economic Theory, Elsevier, vol. 120(2), pages 257-269, February.
    4. Bloch, Francis & van den Nouweland, Anne, 2020. "Farsighted stability with heterogeneous expectations," Games and Economic Behavior, Elsevier, vol. 121(C), pages 32-54.
    5. Matthew O. Jackson, 2014. "Networks in the Understanding of Economic Behaviors," Journal of Economic Perspectives, American Economic Association, vol. 28(4), pages 3-22, Fall.
    6. Dutta, Bhaskar & Vohra, Rajiv, 2017. "Rational expectations and farsighted stability," Theoretical Economics, Econometric Society, vol. 12(3), September.
    7. Jackson, Matthew O. & Wolinsky, Asher, 1996. "A Strategic Model of Social and Economic Networks," Journal of Economic Theory, Elsevier, vol. 71(1), pages 44-74, October.
    8. Debraj Ray & Rajiv Vohra, 2019. "Maximality in the Farsighted Stable Set," Econometrica, Econometric Society, vol. 87(5), pages 1763-1779, September.
    9. Young, H Peyton, 1993. "The Evolution of Conventions," Econometrica, Econometric Society, vol. 61(1), pages 57-84, January.
    10. Herings, P. Jean-Jacques & Mauleon, Ana & Vannetelbosch, Vincent, 2009. "Farsightedly stable networks," Games and Economic Behavior, Elsevier, vol. 67(2), pages 526-541, November.
    11. Kirchsteiger, Georg & Mantovani, Marco & Mauleon, Ana & Vannetelbosch, Vincent, 2016. "Limited farsightedness in network formation," Journal of Economic Behavior & Organization, Elsevier, vol. 128(C), pages 97-120.
    12. Mariya Teteryatnikova, 2021. "Cautious farsighted stability in network formation games with streams of payoffs," International Journal of Game Theory, Springer;Game Theory Society, vol. 50(4), pages 829-865, December.
    13. Thomas Demuynck & P. Jean‐Jacques Herings & Riccardo D. Saulle & Christian Seel, 2019. "The Myopic Stable Set for Social Environments," Econometrica, Econometric Society, vol. 87(1), pages 111-138, January.
    14. Dutta, Bhaskar & Vartiainen, Hannu, 2020. "Coalition formation and history dependence," Theoretical Economics, Econometric Society, vol. 15(1), January.
    15. Mark Granovetter, 2005. "The Impact of Social Structure on Economic Outcomes," Journal of Economic Perspectives, American Economic Association, vol. 19(1), pages 33-50, Winter.
    16. Kandori, Michihiro & Mailath, George J & Rob, Rafael, 1993. "Learning, Mutation, and Long Run Equilibria in Games," Econometrica, Econometric Society, vol. 61(1), pages 29-56, January.
    17. Matthew O. Jackson, 2009. "Networks and Economic Behavior," Annual Review of Economics, Annual Reviews, vol. 1(1), pages 489-513, May.
    18. Dutta, Bhaskar & Ghosal, Sayantan & Ray, Debraj, 2005. "Farsighted network formation," Journal of Economic Theory, Elsevier, vol. 122(2), pages 143-164, June.
    19. Debraj Ray & Rajiv Vohra, 2015. "The Farsighted Stable Set," Econometrica, Econometric Society, vol. 83(3), pages 977-1011, May.
    20. John C. Harsanyi, 1974. "An Equilibrium-Point Interpretation of Stable Sets and a Proposed Alternative Definition," Management Science, INFORMS, vol. 20(11), pages 1472-1495, July.
    21. Jackson, Matthew O. & Watts, Alison, 2002. "The Evolution of Social and Economic Networks," Journal of Economic Theory, Elsevier, vol. 106(2), pages 265-295, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Herings, P. Jean-Jacques & Mauleon, Ana & Vannetelbosch, Vincent, 2020. "Matching with myopic and farsighted players," Journal of Economic Theory, Elsevier, vol. 190(C).
    2. de Callatay, Pierre & Mauleon, Ana & Vannetelbosch, Vincent, 2023. "Local Farsightedness in Network Formation," LIDAM Discussion Papers CORE 2023003, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    3. Kimya, Mert, 2020. "Equilibrium coalitional behavior," Theoretical Economics, Econometric Society, vol. 15(2), May.
    4. Mariya Teteryatnikova, 2021. "Cautious farsighted stability in network formation games with streams of payoffs," International Journal of Game Theory, Springer;Game Theory Society, vol. 50(4), pages 829-865, December.
    5. Leonardo Boncinelli & Alessio Muscillo & Paolo Pin, 2022. "Efficiency and Stability in a Process of Teams Formation," Dynamic Games and Applications, Springer, vol. 12(4), pages 1101-1129, December.
    6. Chenghong Luo & Ana Mauleon & Vincent Vannetelbosch, 2021. "Network formation with myopic and farsighted players," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(4), pages 1283-1317, June.
    7. de Callatay, Pierre & Mauleon, Ana & Vannetelbosch, Vincent, 2021. "Minimally Farsighted Unstable Networks," LIDAM Discussion Papers CORE 2021012, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    8. P. Jean-Jacques Herings & Ana Mauleon & Vincent Vannetelbosch, 2019. "Stability of networks under horizon-K farsightedness," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 68(1), pages 177-201, July.
    9. Kimya, Mert, 2021. "Coalition Formation Under Dominance Invariance," Working Papers 202106, University of Sydney, School of Economics.
    10. Pierre de Callataÿ & Ana Mauleon & Vincent Vannetelbosch, 2023. "Myopic-farsighted absorbing networks," Theory and Decision, Springer, vol. 94(3), pages 405-422, April.
    11. Mert Kimya, 2023. "Coalition Formation Under Dominance Invariance," Dynamic Games and Applications, Springer, vol. 13(2), pages 480-496, June.
    12. Kimya, Mert, 2021. "Coalition Formation Under Dominance Invariance," Working Papers 2021-06, University of Sydney, School of Economics.
    13. P. Jean-Jacques Herings & Ana Mauleon & Vincent Vannetelbosch, 2021. "Horizon- K Farsightedness in Criminal Networks," Games, MDPI, vol. 12(3), pages 1-13, July.
    14. P. Jean-Jacques Herings & Ana Mauleon & Vincent Vannetelbosch, 2023. "Social Rationalizability with Mediation," Dynamic Games and Applications, Springer, vol. 13(2), pages 440-461, June.
    15. Mauleon, Ana & Sempere-Monerris, Jose J. & Vannetelbosch, Vincent, 2023. "R&D network formation with myopic and farsighted firms," Journal of Economic Behavior & Organization, Elsevier, vol. 208(C), pages 203-229.
    16. Korpela, Ville & Lombardi, Michele & Vartiainen, Hannu, 2021. "Implementation in largest consistent set via rights structures," Games and Economic Behavior, Elsevier, vol. 128(C), pages 202-212.
    17. Korpela, Ville & Lombardi, Michele & Vartiainen, Hannu, 2019. "Implementation with foresighted agents," MPRA Paper 102496, University Library of Munich, Germany.
    18. Cai, Xinyue & Kimya, Mert, 2023. "Stability of alliance networks," Games and Economic Behavior, Elsevier, vol. 140(C), pages 401-409.
    19. Herings, P.J.J. & Mauleon, A. & Vannetelbosch, V., 2014. "Stability of networks under level-k farsightedness," Research Memorandum 030, Maastricht University, Graduate School of Business and Economics (GSBE).
    20. Luo, Chenghong & Mauleon, Ana & Vannetelbosch, Vincent, 2022. "Friendship networks with farsighted agents," LIDAM Discussion Papers CORE 2022021, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).

    More about this item

    Keywords

    network; stability; limited foresight; heterogeneity in foresight; coalitional deviations; stochastically stable network;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tiu:tiucen:03f2ece9-902b-4dba-a16e-0dfa9fc16a9e. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Richard Broekman (email available below). General contact details of provider: http://center.uvt.nl .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.