New fraud star theory and behavioural sciences

Abstract

PurposeThe purpose of this paper is to establish the theory of the fraud star and the formulation of its microeconomic model, based on the behavioural sciences.Design/methodology/approachThe methodology is a practical exploration, first in the convergence of the economics of fraud and the behavioural sciences, based on these tools, formulating the new theory of the star of fraud and formulating its microeconomic model.FindingsThe paper concludes with a new model of the fraud star theory and its microeconomic modelling. Take into account the new theory of the fraud star of this article.Research limitations/implicationsThere are no limitations in the model.Practical implicationsThe practical implications are to apply the new fraud star theory and calculate your income, in different scenarios.Social implicationsThe social implication is to know the income for the crime of fraud, according to the level of regulations, control and effective punishment.Originality/valueThe present work is original; there is no new theory of the fraud star, nor its microeconomic model, and it does not exist in the academic field, only in this work.