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Extortion Racket Systems As Targets For Agent-Based Simulation Models. Comparing Competing Simulation Models And Emprical Data

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  • KLAUS G. TROITZSCH

    (Institute for Information Systems Research, Universität Koblenz-Landau, Campus Koblenz, Universitätsstraße 1, 56070 Koblenz, Germany)

Abstract

Extortion racketeering is an industry not only practiced by mafia, but also in groups such as hells angels. It occurs in a complex setting of criminals, victims, police and society, and its framework is set up by legal norms as well as informal norms of the actor groups involved. The paper presents two agent-based simulation models which differ with respect to the decision making mode, which is either stochastical with fixed probabilities or deliberative where decisions depend on utility considerations and norms learned during the process. The central research questions of the paper — beside the question how extortion racket system can be appropriately modeled — concern the divergence of the results of the two model versions, the comparison of the input parameter combinations, the motivations of input parameters and the validation of the results by comparing them to available empirical data.

Suggested Citation

  • Klaus G. Troitzsch, 2015. "Extortion Racket Systems As Targets For Agent-Based Simulation Models. Comparing Competing Simulation Models And Emprical Data," Advances in Complex Systems (ACS), World Scientific Publishing Co. Pte. Ltd., vol. 18(05n06), pages 1-19, August.
    • Handle: RePEc:wsi:acsxxx:v:18:y:2015:i:05n06:n:s0219525915500149
    DOI: 10.1142/S0219525915500149
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    References listed on IDEAS

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    1. Frédéric Amblard & Francisco J. Miguel & Adrien Blanchet & Benoit Gaudou, 2015. "Advances in Artificial Economics," Post-Print hal-03209315, HAL.
    2. Klaus G. Troitzsch, 2015. "Distribution Effects of Extortion Racket Systems," Lecture Notes in Economics and Mathematical Systems, in: Frédéric Amblard & Francisco J. Miguel & Adrien Blanchet & Benoit Gaudou (ed.), Advances in Artificial Economics, edition 127, pages 181-193, Springer.
    3. Paolo Pinotti, 2012. "The Economic Costs of Organized Crime: Evidence from Southern Italy," Working Papers 054, "Carlo F. Dondena" Centre for Research on Social Dynamics (DONDENA), Università Commerciale Luigi Bocconi.
    Full references (including those not matched with items on IDEAS)

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