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Analysis

This paper explores how public goods can be provided in decentralized networks. It uses graph theory kernels to analyze specialized equilibria where individuals either contribute a fixed amount or free-ride. The research provides conditions for equilibrium existence and uniqueness, analyzes the impact of network structure (reciprocity), and proposes an algorithm for simplification. The focus on specialized equilibria is justified by their stability.
Reference

The paper establishes a correspondence between kernels in graph theory and specialized equilibria.