Template-type: ReDif-Paper 1.0
Author-Name: Herings, P. Jean-Jacques
Author-workplace-name: RS: GSBE Theme Data-Driven Decision-Making, RS: GSBE Theme Conflict & Cooperation, Microeconomics & Public Economics
Author-Name: Mauleon, Ana
Author-Name: Vannetelbosch, Vincent
Title: Horizon-K Farsightedness in Criminal Networks
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. 
Classification-JEL: a14,c70,d20
Series: GSBE Research Memoranda
Creation-Date: 20210504
Number: 008
File-URL: https://cris.maastrichtuniversity.nl/ws/files/64319544/RM21008.pdf
File-Format: application/pdf
File-Size: 449333
Handle: Repec:unm:umagsb:2021008
DOI: 10.26481/umagsb.2021008