How to Tackle the Gulf of Aden Buccaneers
@inproceedings{Calahorrano2010HowTT, title={How to Tackle the Gulf of Aden Buccaneers}, author={Lena Calahorrano and Philipp an de Meulen}, year={2010} }
The surge of maritime piracy in the Gulf of Aden is often related to lawlessness and poverty in Somalia. We set up a simple model to describe the choice of becoming a pirate in a setting with an industrialized and a developing country which both engage in fishing in the same waters. As a result of fishing competition, maritime piracy as an alternative to fishing becomes more attractive in the developing country. We further investigate possible measures for the industrialized country to deal…
2 Citations
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Far from being an extinct phenomenon, piracy still exists in the modern world and is a growing menace to the security and safety of shipping. Using the data on attacks against vessels reported…
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