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. We do so using detailed, near-universal data on shipping firms' new orders, secondary-market transactions, and demolition …-defined shipping sectors to corroborate our findings. Critically, uncertainty prompts firms to concentrate their fleets into narrower …
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. We do so using detailed, near-universal data on shipping firms' new orders, secondary-market transactions, and demolition …-defined shipping sectors to corroborate our findings. Critically, uncertainty prompts firms to concentrate their fleets into narrower …
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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 necessarily stop piracy. Our analysis demonstrates that piracy is a …
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