Horizon- K Farsightedness in Criminal Networks

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

Games, 2021, vol. 12, issue 3, 1-13

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 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.

Keywords: limited farsightedness; stability; criminal networks (search for similar items in EconPapers)
JEL-codes: C C7 C70 C71 C72 C73 (search for similar items in EconPapers)
Date: 2021
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Related works:
Working Paper: 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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