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Title:How to Tackle the Gulf of Aden Buccaneers PDF Logo
Authors:Calahorrano, Lena
an de Meulen, Philipp
Issue Date:2010
Series/Report no.:Proceedings of the German Development Economics Conference, Hannover 2010 31
Abstract: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 with piracy.
Subjects:Maritime Piracy
Document Type:Conference Paper
Appears in Collections:Proceedings of the German Development Economics Conference, 2010 (Hannover)

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