Horizon-K Farsightedness in Criminal Networks

P. Jean-Jacques Herings, Ana Mauleon and Vincent Vannetelbosch

No 8, Research Memorandum from Maastricht University, Graduate School of Business and Economics (GSBE)

Abstract: We study the criminal networks that will emerge in the long run when criminals are neither myopic nor completely farsighted but have some limited degree of farsightedness. We adopt the horizon-K farsighted set of Herings, Mauleon and Vannetelbosch (2019) to answer this question. We find that in criminal networks with n criminals, the set consisting of the complete network is a horizon-K farsighted set whenever the degree of farsightedness of the criminals is larger than or equal to (n 1). Moreover, the complete network is the unique horizon-(n 1) farsighted set. Hence, the predictions obtained in case of completely farsighted criminals still hold when criminals are much less farsighted.

JEL-codes: A14 C70 D20 (search for similar items in EconPapers)
Date: 2021-05-04
New Economics Papers: this item is included in nep-gth, nep-net, nep-ore and nep-ure
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https://cris.maastrichtuniversity.nl/ws/files/64319544/RM21008.pdf (application/pdf)

Related works:
Journal Article: Horizon- K Farsightedness in Criminal Networks (2021)
Working Paper: Horizon-K Farsightedness in Criminal Networks (2021)
Working Paper: Horizon-K Farsightedness in Criminal Networks (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:unm:umagsb:2021008

DOI: 10.26481/umagsb.2021008

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