Influence networks and public goods

Lopez-Pintado, Dunia

doi:10.1007/s13209-016-0152-7

Influence networks and public goods

Lopez-Pintado, Dunia

(2017) SERIEs : journal of the Spanish Economic Association — Vol. 8, n° 1, p. 97-112 (2017)

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Authors

Lopez-Pintado, DuniaUniversidad Pablo de Olavide and CORE
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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.

Affiliations

UCLouvainSSH/LIDAM/CORE - Center for operations research and econometrics
Universidad Pablo de OlavideDepartment of Economics

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Lopez-Pintado, D. (2017). Influence networks and public goods. SERIEs : journal of the Spanish Economic Association, 8(1), 97-112. https://doi.org/10.1007/s13209-016-0152-7 (Original work published 2017)