by Fnord666 on (#5A5A5)
hubie writes:Money laundering comes in all shapes and sizes. Money can be handled domestically within the country where it was acquired, it can be moved internationally to a location deemed better suited to mask its origin, or a country could be an intermediary where money just flows though from Country A to Country B. These days there are inter-governmental efforts to monitor suspicious financial transactions to curb illicit money laundering, and key to these efforts are attempts to understand how ``dirty'' funds move around the world.Researchers from The Netherlands and Austria developed a model to understand how money moves around. Their model is based upon a gravity model, which is very commonly used in the social sciences for modeling complex flow interactions such as commuter and pedestrian traffic, drug cartel activity, and international trade. These models get their name and inspiration from Newton's Law of Gravity which has that the interaction strength between bodies is dependent upon the sizes of the bodies and inversely with the distance between them.