Allouch, Nizar (2017) The cost of segregation in (social) networks. Games and Economic Behavior, 106 . pp. 329-342. ISSN 0899-8256. (doi:10.1016/j.geb.2017.08.012) (KAR id:63229)
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Abstract
This paper investigates the welfare effect of income redistribution in the private provision of public goods on networks. We first show that the welfare effect of income redistribution is determined by Bonacich centrality. Then we develop an index based on the network structure of interactions, which, roughly speaking, measures the welfare effect of income redistribution confined to a component of contributors. The proposed index vanishes when applied to large components of contributors that display special segregated interactions, which suggests an “asymptotic neutrality” of redistributive policies.
JEL classification
C72; D31; H41
Item Type: | Article |
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DOI/Identification number: | 10.1016/j.geb.2017.08.012 |
Uncontrolled keywords: | public goods; income redistribution; welfare effect; networks; Bonacich transfer index |
Subjects: | H Social Sciences |
Divisions: | Divisions > Division of Human and Social Sciences > School of Economics |
Depositing User: | Nizar Allouch |
Date Deposited: | 05 Sep 2017 10:06 UTC |
Last Modified: | 05 Nov 2024 10:58 UTC |
Resource URI: | https://kar.kent.ac.uk/id/eprint/63229 (The current URI for this page, for reference purposes) |
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