Restricting the benefit flow from neighbors : experiments on network formation

Berninghaus, Siegfried ; Ott, Marion ; Vogt, Bodo

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URN: urn:nbn:de:bsz:180-madoc-27049
Document Type: Working paper
Year of publication: 2004
The title of a journal, publication series: None
Publication language: English
Institution: School of Law and Economics > Sonstige - Fakultät für Rechtswissenschaft und Volkswirtschaftslehre
MADOC publication series: Sonderforschungsbereich 504 > Rationalitätskonzepte, Entscheidungsverhalten und ökonomische Modellierung (Laufzeit 1997 - 2008)
Subject: 330 Economics
Classification: JEL: C72 C78 C92 ,
Subject headings (SWD): Netzwerkmanagement , Spieltheorie , Nash-Gleichgewicht , Soziales Netzwerk
Keywords (English): Network formation , Nash networks , network experiment
Abstract: In an experimental framework on network formation inspired by the two-way information flow model of Bala and Goyal (2000), we observe that many groups participating in the experiment reach the strict Nash network resp. come very close to this network. Compared to the results of previous network experiments this is new. Among other things, the role of inequity aversion in explaining our experimental results is discussed.
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Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.

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