Provision of Public Goods on Networks: On Existence, Uniqueness, and Centralities
Provision of Public Goods on Networks: On Existence, Uniqueness, and Centralities
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网络公共产品的提供:论存在性、唯一性和中心性
DOI:
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发表时间:
2016
影响因子:
6.6
通讯作者:
M. Liu
中科院分区:
文献类型:
--
作者:
Parinaz Naghizadeh;M. Liu
We consider the provision of public goods on networks of strategic agents. We study different effort outcomes of these network games, namely, the Nash equilibria, Pareto efficient effort profiles, and semi-cooperative equilibria (resulting from interactions among coalitions of agents). We identify necessary and sufficient conditions on the structure of the network for the uniqueness of the Nash equilibrium by using a connection between these outcomes and linear complementarity problems. We show that our finding unifies, and extends, existing results in the literature. We also identify conditions for the existence of Nash equilibria for two subclasses of games at the two extremes of our model, namely games of strategic complements and games of strategic substitutes. We provide a graph-theoretical interpretation of agents’ efforts at the Nash equilibrium, as well as the Pareto efficient outcomes and semi-cooperative equilibria, by linking an agent's decision to her centrality in the interaction network. Using this connection, we separate the effects of incoming and outgoing edges on agents’ efforts and uncover an alternating effect over walks of different length in the network.
影响因子:
5.6
作者:
Foster AD;Rosenzweig MR
通讯作者:
Rosenzweig MR