**4. Theoretical framework of the economy of fraud with respect to the behavioral economy**

In the case of the fraud economy, the concepts that have convergent characteristics with the behavioral economy will be analyzed.


bias, the value structure of society, norms, and the level of control and the effective punishment of fraudulent conduct.


System 3: works reflexively but quickly in its response and depends on the income obtained and the levels of rules, control, and punishment of fraud.

