Piracy in international waters is on the rise again, in particular off the coast of Somalia. While the dynamic game … Gnaeus Pompeius Magnus (Pompey the Great) in 67 BC. -- Piracy ; Somalia ; Public Choice Theory … between pirates, ship-owners, insurance firms and the military seems to have reached some kind of equilibrium, piracy risks …

security. -- Piracy ; Somalia ; counter-terrorism ; law and economics ; deterrence ; naval intervention … terms of its counter-piracy and its counter-terrorism objectives. We draw on arguments developed in the literature of law … and economics, detailed statistical analyses and a large number of in depth interviews. Counter-piracy operations are a …