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An evolutionary approach to fraud management

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  • Galeotti, Marcello
  • Rabitti, Giovanni
  • Vannucci, Emanuele

Abstract

Building on several contributions to the analysis of insurance fraud, we propose a dynamical model of the fraudulence game, where three typologies of players interact: the insurance company, the fraudsters and the honest insured (who may be tempted to become dishonest), each one taking decisions on the basis of an adaptive strategy.

Suggested Citation

  • Galeotti, Marcello & Rabitti, Giovanni & Vannucci, Emanuele, 2020. "An evolutionary approach to fraud management," European Journal of Operational Research, Elsevier, vol. 284(3), pages 1167-1177.
    • Handle: RePEc:eee:ejores:v:284:y:2020:i:3:p:1167-1177
    DOI: 10.1016/j.ejor.2020.01.017
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    References listed on IDEAS

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