@techreport{c735f89268874c95a409bfb4cfdabfdf,
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. ",
keywords = "Limited farsightedness, stability, criminal networks",
author = "Herings, {P. Jean-Jacques} and Ana Mauleon and Vincent Vannetelbosch",
year = "2021",
month = may,
day = "4",
doi = "10.26481/umagsb.2021008",
language = "English",
series = "GSBE Research Memoranda",
publisher = "Maastricht University, Graduate School of Business and Economics",
number = "008",
address = "Netherlands",
type = "WorkingPaper",
institution = "Maastricht University, Graduate School of Business and Economics",
}