Constrained public goods in weighted networks with heterogeneous agents

Wentao Fu, Di Hua, Xuewen Qian and Yang Sun

Economics Letters, 2022, vol. 213, issue C

Abstract: This paper generalizes the constrained public goods model of Allouch and King (2019) to weighted networks with heterogeneous agents. We provide an algorithm to distinguish contributors from free-riders in equilibrium. We show that this algorithm always terminates in finite steps and, therefore, Nash equilibrium always exists.

Keywords: Local public goods; Weighted networks; Heterogeneous agents; Existence of Nash equilibrium (search for similar items in EconPapers)
JEL-codes: C72 D85 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:213:y:2022:i:c:s0165176522000350

DOI: 10.1016/j.econlet.2022.110332

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