Delinquent networks
Delinquents are embedded in a network of relationships. Each delinquent decides in a noncooperative way how much delinquency effort he will exert. We characterize the Nash equilibrium and derive an optimal enforcement policy, called the key-player policy. We then extend our characterization of optim...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
2010-01.
|
| Subjects: | |
| Online Access: | Get fulltext |