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...

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Bibliographic Details
Main Authors: Do, Quy-Toan, Ma, Lin, Ruiz, Claudia
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2016/07/26585012/pirates-somalia-crime-deterrence-high-seas
http://hdl.handle.net/10986/24838