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This paper analyses the interplay between social structure and information exchange in two competing activities, crime and labor. We consider a dynamic model in which individuals belong to mutually exclusive two-person groups, referred to as dyads. Two individuals belonging to the same dyad hold...
Persistent link: https://www.econbiz.de/10010547364
Criminals are embedded in a network of relationships. Social ties among criminals are modelled by means of a graph where criminals compete for a bounty and benefit from local interactions with their neighbours. Each criminal decides in a non-cooperative way how much crime effort they will exert....
Persistent link: https://www.econbiz.de/10005124255
We develop a model in which delinquents compete with each other in criminal activities but may benefit from being friends with other criminals (by learning and acquiring proper know-how in the crime business). We first study the Nash equilibrium of this game by taking the social network...
Persistent link: https://www.econbiz.de/10005114148
This paper analyses the interplay between social structure and information exchange in two competing activities, crime and labour. We consider a dynamic model in which individuals belong to mutually exclusive two-person groups, referred to as dyads. There are multiple equilibria. If jobs are...
Persistent link: https://www.econbiz.de/10005792082