Belhaj, Mohamed; Deroïan, Frédéric - In: Journal of Mathematical Economics 49 (2013) 3, pp. 183-188
We consider a model of interdependent efforts, with linear interaction and lower bound on effort. Our setting encompasses asymmetric interaction and heterogeneous agents’ characteristics. We examine the impact of a rise of cross-effects on aggregate efforts. We show that the sign of the...