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Constrained public goods in networks
Author(s) -
Allouch Nizar,
King Maia
Publication year - 2019
Publication title -
journal of public economic theory
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.809
H-Index - 32
eISSN - 1467-9779
pISSN - 1097-3923
DOI - 10.1111/jpet.12383
Subject(s) - public good , nash equilibrium , economics , private good , microeconomics , mathematical economics , public economics
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 generalise the public goods in the networks model of Bramoullé and Kranton [J. Econ. Theory 135 (2007), pp. 478–494] to allow for constrained provision. In so doing, we characterise Nash equilibria with no intermediate contributors.