Influence networks and public goods

We consider a model of local public goods in a random network context. The influence network determines (exogenously) who observes whom every period and comprises a wide array of options depending on the degree distribution and the in/out-degree correlations. We show that there exists a unique equilibrium level of public good provision and compare it with the efficient level. We derive further insights for this problem by performing a comparative statics analysis.

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Year of publication:	2016
Authors:	López-Pintado, Dunia
Publisher:	Amherst, MA : University of Massachusetts, Department of Economics
Subject:	influence networks \| public goods \| out-degree \| in-degree \| best-shot game

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Series:	Working Paper ; 2016-12
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	869813102 [GVK] hdl:10419/174404 [Handle] RePEc:ums:papers:2016-12 [RePEc]
Classification:	D85 - Network Formation ; H41 - Public Goods
Source:	EconStor

Persistent link: https://www.econbiz.de/10011788898