Constrained public goods in weighted networks with heterogeneous agents

Authors: Fu, W., Hua, D., Qian, X. and Sun, Y.

Journal: Economics Letters

Volume: 213

ISSN: 0165-1765

DOI: 10.1016/j.econlet.2022.110332

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.

Source: Scopus