Influence networks and public goods
-
1
Universidad Pablo de Olavide
info
ISSN: 1869-4195
Year of publication: 2017
Volume: 8
Issue: 1
Pages: 97-112
Type: Article
More publications in: SERIEs : Journal of the Spanish Economic Association
Sustainable development goals
Abstract
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
Funding information
Funders
-
Ministerio de Economía y Competitividad
- ECO2014-57413-P