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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Warm-Glow Giving in Networks with Multiple Public Goods | |
Lionel Richefort | |
发表日期 | 2017 |
出处 | Economic Theory |
出版年 | 2017 |
语种 | 英语 |
摘要 | This paper explores a voluntary contribution game in the presence of warm-glow effects. There are many public goods and each public good benefits a different group of players. The structure of the game induces a bipartite network structure, where players are listed on one side and the public good groups they form are listed on the other side. The main result of the paper shows the existence and uniqueness of a Nash equilibrium. The unique Nash equilibrium is also shown to be locally asymptotically stable. Then the paper provides some comparative statics analysis regarding pure redistribution, taxation and subsidies. It appears that small redistributions of wealth may sometimes be neutral, but generally, the effects of redistributive policies depend on how public good groups are related in the contribution network structure. *** Suggested citation: Richefort, L., (2017), 'Warm-Glow Giving in Networks with Multiple Public Goods', Nota di Lavoro 32.2017, Milan, Italy: Fondazione Eni Enrico Mattei |
特色分类 | C72;D64;H40 |
关键词 | Multiple Public Goods Warm-glow Effects Bipartite Contribution Structure Nash Equilibrium Comparative Statics |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/warm-glow-giving-in-networks-with-multiple-public-goods-1/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/118568 |
推荐引用方式 GB/T 7714 | Lionel Richefort. Warm-Glow Giving in Networks with Multiple Public Goods. 2017. |
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