Public Versus Private Protection Against Crime
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 crime with respect to two forms of protection: the publicly-provided deployment of international navies in the Western Indian Ocean and the private provision of maritime security contractors on board vessels. They assess both positive and negative spillovers associated with private security. Their findings have implications for the optimal composition of protective measures and the regulation of the market for private security.
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| Format: | Working Paper biblioteca |
| Language: | English en_US |
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World Bank, Washington, DC
2016-07
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| Subjects: | piracy, deterrence, forensic economics, |
| Online Access: | http://documents.worldbank.org/curated/en/2016/07/26585012/pirates-somalia-crime-deterrence-high-seas https://hdl.handle.net/10986/24838 |
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dig-okr-10986248382024-08-07T19:53:24Z Public Versus Private Protection Against Crime The Case of Somali Piracy Do, Quy-Toan Ma, Lin Ruiz, Claudia piracy deterrence forensic economics 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 crime with respect to two forms of protection: the publicly-provided deployment of international navies in the Western Indian Ocean and the private provision of maritime security contractors on board vessels. They assess both positive and negative spillovers associated with private security. Their findings have implications for the optimal composition of protective measures and the regulation of the market for private security. 2016-08-09T19:28:14Z 2016-08-09T19:28:14Z 2016-07 Working Paper Document de travail Documento de trabajo http://documents.worldbank.org/curated/en/2016/07/26585012/pirates-somalia-crime-deterrence-high-seas https://hdl.handle.net/10986/24838 English en_US Policy Research Working Paper;No. 7757 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank application/pdf World Bank, Washington, DC |
| institution |
Banco Mundial |
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| country |
Estados Unidos |
| countrycode |
US |
| component |
Bibliográfico |
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En linea |
| databasecode |
dig-okr |
| tag |
biblioteca |
| region |
America del Norte |
| libraryname |
Biblioteca del Banco Mundial |
| language |
English en_US |
| topic |
piracy deterrence forensic economics piracy deterrence forensic economics |
| spellingShingle |
piracy deterrence forensic economics piracy deterrence forensic economics Do, Quy-Toan Ma, Lin Ruiz, Claudia Public Versus Private Protection Against Crime |
| description |
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 crime with respect to two forms of protection: the publicly-provided deployment of international navies in the Western Indian Ocean and the private provision of maritime security contractors on board vessels. They assess both positive and negative spillovers associated with private security. Their findings have implications for the optimal composition of protective measures and the regulation of the market for private security. |
| format |
Working Paper |
| topic_facet |
piracy deterrence forensic economics |
| author |
Do, Quy-Toan Ma, Lin Ruiz, Claudia |
| author_facet |
Do, Quy-Toan Ma, Lin Ruiz, Claudia |
| author_sort |
Do, Quy-Toan |
| title |
Public Versus Private Protection Against Crime |
| title_short |
Public Versus Private Protection Against Crime |
| title_full |
Public Versus Private Protection Against Crime |
| title_fullStr |
Public Versus Private Protection Against Crime |
| title_full_unstemmed |
Public Versus Private Protection Against Crime |
| title_sort |
public versus private protection against crime |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016-07 |
| url |
http://documents.worldbank.org/curated/en/2016/07/26585012/pirates-somalia-crime-deterrence-high-seas https://hdl.handle.net/10986/24838 |
| work_keys_str_mv |
AT doquytoan publicversusprivateprotectionagainstcrime AT malin publicversusprivateprotectionagainstcrime AT ruizclaudia publicversusprivateprotectionagainstcrime AT doquytoan thecaseofsomalipiracy AT malin thecaseofsomalipiracy AT ruizclaudia thecaseofsomalipiracy |
| _version_ |
1807154831683485696 |