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This paper analyses the private provision of public goods where agents interact within a fixed network structure and may benefit only from their direct neighbours’ provisions. We survey the literature… Click to show full abstract
This paper analyses the private provision of public goods where agents interact within a fixed network structure and may benefit only from their direct neighbours’ provisions. We survey the literature and then generalise the public goods in networks model of Bramoulle and Kranton (2007) to allow for constrained provision. In so doing, we show that, using the concept of k-insulated set, any network supports a Nash equilibrium with no intermediate contributors.
Keywords:
constrained public;
goods networks;
public goods
Journal Title: Journal of Public Economic Theory
Year Published: 2019
Link to full text (if available)
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Journal Title: Journal of Public Economic Theory
Year Published: 2019
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!