Influence Networks and Public Goods
Dunia López-Pintado ()
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Dunia López-Pintado: Universidad Pablo de Olavide
No 15.04, Working Papers from Universidad Pablo de Olavide, Department of Economics
Abstract:
We consider a model of social interactions in which agents are assumed to acquire information from others through a certain sampling process that generates an influence network. These networks comprise a wide array of options depending on the level of correlation assumed between agents' in and out degree. We study the provision of public goods in influence networks and show that the equilibrium (of the corresponding best-shot game) always exists and it is unique. We derive further insights for this problem by performing a comparative statics analysis.
Keywords: influence networks; public goods; out-degree; in-degree; best-shot game (search for similar items in EconPapers)
JEL-codes: D85 H41 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2015-03
New Economics Papers: this item is included in nep-cdm, nep-gth, nep-net, nep-soc and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:pab:wpaper:15.04
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