Public Versus Private Protection Against Crime : The Case of Somali Piracy
This paper analyzes the rise and demise of piracy off the coast of Somalia to highlight the interplay between public and private crime protection measures. Using unique data on attacks, hijacks, and ransoms, the authors estimate a structural model of Somali piracy to calculate the elasticity of crim...
| Main Authors: | , , |
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| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2016/07/26585012/pirates-somalia-crime-deterrence-high-seas http://hdl.handle.net/10986/24838 |