Page, Frank H., Wooders, Myrna Holtz and Kamat, Samir (2001) Networks and farsighted stability. Working Paper. Coventry: University of Warwick, Department of Economics. Warwick economic research papers (No.621).

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Abstract

The main contribution of this paper is to provide a framework in which the notion of farsighed stability for games, introduced by Chwe (1994) can be applied to directed networks. Then, using Chwe's basic result on the nonemptiness of farsightedly stable sets for games, we show that for any given collection of directed networks and any given collection of rules governing network formation, there exists a farsightedly stable directed network.

Item Type:	Working or Discussion Paper (Working Paper)
Subjects:	H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HM Sociology
Divisions:	Faculty of Social Sciences > Economics
Library of Congress Subject Headings (LCSH):	Business networks, Organizational sociology, Economics -- Sociological aspects, Organizational behavior, Social stability
Series Name:	Warwick economic research papers
Publisher:	University of Warwick, Department of Economics
Place of Publication:	Coventry
Official Date:	December 2001
Dates:	Date Event December 2001 Published
Number:	No.621
Number of Pages:	9
Institution:	University of Warwick
Status:	Not Peer Reviewed
Access rights to Published version:	Open Access
Description:	Original version, July 2001; this version, December 2001
Adapted As:	Page, F.H., Wooders, M.H. and Kamat, S. (2002). Networks and Farsighted Stability. [Coventry] : University of Warwick, Economics Department. (Warwick economic research papers, no.660).

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