Groot, Olaf J. de; Rablen, Matthew D.; Shortland, Anja - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012
ransom amounts and negotiation lengths. We find that ransom amount and negotiation length depend on the observable …Ransoms paid to Somali pirates are drifting upward and negotiation times are increasing, yet there is huge variation in … the bargaining process based on detailed interviews with ransom negotiators, to analyze the empirical determinants of …