Piracy in international waters is on the rise again, in particular off the coast of Somalia. While the dynamic game between pirates, ship-owners, insurance firms and the military seems to have reached some kind of equilibrium, piracy risks generating significant negative externalities to third...

This paper contributes to the understanding of the long-run consequences of Roman rule on economic development. In ancient times, the area of contemporary Germany was divided into a Roman and non-Roman part. The study uses this division to test whether the formerly Roman part of Germany show a...

"This book offers readers a comprehensive and innovative introduction to the economy of the Roman Empire. Focusing on the principal determinants, features and consequences of Roman economic development and integrating additional web-based materials, it is designed as an up-to-date survey that is...