Piracy off the Horn of Africa has grown substantially in recent years: 217 ships reported being attacked by Somali pirates during 2009. Although less than one percent of ships transiting the Gulf of Aden in 2009 suffered attacks, Somali piracy creates considerable economic costs and distortions....

Die Piraterie am Horn von Afrika hat in den letzten Jahren deutlich zugenommen: 217 Schiffe berichteten 2009, von somalischen Piraten angegriffen worden zu sein. Obwohl damit weniger als ein Prozent aller Schiffe, die den Golf von Aden 2009 durchquerten, angegriffen wurde, sorgt somalische...

Die Piraterie am Horn von Afrika hat in den letzten Jahren deutlich zugenommen: 217 Schiffe berichteten 2009, von somalischen Piraten angegriffen worden zu sein. Obwohl damit weniger als ein Prozent aller Schiffe, die den Golf von Aden 2009 durchquerten, angegriffen wurde, sorgt somalische...

Piracy off the Horn of Africa has grown substantially in recent years: 217 ships reported being attacked by Somali pirates during 2009. Although less than one percent of ships transiting the Gulf of Aden in 2009 suffered attacks, Somali piracy creates considerable economic costs and distortions....

This article argues that it will be difficult, if not impossible, to control Somali piracy for four reasons. First, Somali piracy is a land-based problem and naval control mechanisms are not changing the incentives for pirates. Second, improving Somalia's anarchic political situation will not...

We present a theoretical model postulating that the relationship between crime and governance is "hump-shaped" rather than linearly decreasing. State failure, anarchy and a lack of infrastructure are not conducive for the establishment of any business. This includes illegal businesses, as...

In this paper, we argue that the effect of governance on the emergence of crimes of different levels of sophistication is highly non-linear. State failure, anarchy and a lack of infrastructure are not conducive to establishing any business, including illicit enterprises. At the bottom of the...

In this paper, we argue that the effect of governance on the emergence of crimes of different levels of sophistication is highly non-linear. State failure, anarchy and a lack of infrastructure are not conducive to establishing any business, including illicit enterprises. At the bottom of the...

We present a theoretical model postulating that the relationship between crime and governance is “hump-shaped”, rather than linearly decreasing, when criminals need access to markets. State collapse, violent conflict and a lack of infrastructure are not conducive for the establishment of any...

Ransoms paid to Somali pirates are drifting upward and negotiation times are increasing, yet there is huge variation in bargaining outcomes across shipowners. We use a unique dataset of 179 Somali hijackings, and an underlying theoretical model of the bargaining process based on detailed...