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Fraud Cycles

Jiong GongR. Preston McAfeeMichael A. Williams

出版	SSRN, 2014
URL	http://books.google.com.hk/books?id=whbhzwEACAAJ&hl=&source=gbs_api

註釋

Fraud is an ancient crime and one that annually causes hundreds of billions of dollars in losses. We develop an evolutionary theory that suggests cyclical behavior in frauds should be common. We perform a wavelet analysis of the frequencies of fraudulent and non-fraudulent offenses. Our results demonstrate that the frequencies of fraudulent offenses exhibit cyclical behavior that differs markedly from the cyclical behavior of non-fraudulent offenses.