Influence networks and public goods
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Universidad Pablo de Olavide
info
ISSN: 1869-4195
Ano de publicación: 2017
Volume: 8
Número: 1
Páxinas: 97-112
Tipo: Artigo
Outras publicacións en: SERIEs : Journal of the Spanish Economic Association
Obxectivos de Desenvolvemento Sustentable
Resumo
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 financiamento
Financiadores
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Ministerio de Economía y Competitividad
- ECO2014-57413-P