Local public goods with weighted link formation

• 成果类型: Article
• 署名作者: Kinateder, Markus; Merlino, Luca Paolo
• 署名单位: University of Navarra; University of Antwerp
• 刊物名称: GAMES AND ECONOMIC BEHAVIOR
• ISSN/ISSBN: 0899-8256
• DOI: 10.1016/j.geb.2022.01.014
• 发表日期: 2022
• 页码: 316-327
• 关键词: Weighted networks; network formation; public goods; Free riding

摘要

We introduce weighted links in a local public good game in an endogenous network with heterogeneous players. We find that the equilibrium predictions are sharper than when links are not weighted. In particular, active players form a complete core-periphery graph, where they are either in the core of interconnected players, or connected to every player in the core. Furthermore, a player's type is tightly related to her public good provision and her position in the network. (C) 2022 Elsevier Inc. All rights reserved.