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-cooperative way how much crime effort he will exert. We show that the Nash equilibrium crime effort of each individual is proportional … removed, leads to the maximum reduction in aggregate crime. We provide a geometric characterization of the key player … player for a group of criminals of a given size. We finally endogeneize the crime participation decision, resulting in a key …
Persistent link: https://www.econbiz.de/10010320179
Delinquents are embedded in a network of relationships. Social ties among delinquents are modeled by means of a graph where delinquents compete for a booty and benefit from local interactions with their neighbors. Each delinquent decides in a non-cooperative way how much delinquency effort he...
Persistent link: https://www.econbiz.de/10010269030