Groot, Olaf J. de; Shortland, Anja - 2010
for this hypothesis using the International Maritime Bureau's dataset on piracy. Piracy is reported by ship-owners, giving … show that profitable forms of piracy flourish where on the one hand there is stability and infrastructure, but on the other … of theft from ships the pattern is quadratic: piracy first rises and then falls as governance improves. -- Piracy …