Horizon-K Farsightedness in Criminal Networks
(2021) , 20 pages
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- 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 Önd 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.
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Citations
Herings, J.-J., Mauleon, A., & Vannetelbosch, V. (2021). Horizon-K Farsightedness in Criminal Networks (LIDAM Discussion Paper CORE 2021/04). https://hdl.handle.net/2078.5/166701