Influence networks and public goods
-
1
Universidad Pablo de Olavide
info
ISSN: 1869-4195
Año de publicación: 2017
Volumen: 8
Número: 1
Páginas: 97-112
Tipo: Artículo
Otras publicaciones en: SERIEs : Journal of the Spanish Economic Association
Resumen
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
Información de financiación
Financiadores
-
Ministerio de Economía y Competitividad
- ECO2014-57413-P