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Influence networks and public goods

Author

Listed:
  • Dunia López-Pintado

    (Universidad Pablo de Olavide
    CORE, Université catholique de Louvain)

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.

Suggested Citation

  • Dunia López-Pintado, 2017. "Influence networks and public goods," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 8(1), pages 97-112, March.
  • Handle: RePEc:spr:series:v:8:y:2017:i:1:d:10.1007_s13209-016-0152-7
    DOI: 10.1007/s13209-016-0152-7
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    References listed on IDEAS

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    Cited by:

    1. Allouch, Nizar & King, Maia, 2021. "Welfare targeting in networks," Journal of Mathematical Economics, Elsevier, vol. 96(C).
    2. Nizar Allouch & Maia King, 2019. "Constrained public goods in networks," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 21(5), pages 895-902, October.

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    More about this item

    Keywords

    Influence networks; Public goods; Out-degree; In-degree; Best-shot game;
    All these keywords.

    JEL classification:

    • D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

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