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Understanding Ransom Kidnapping and Its Duration

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  • M. Vannini

    ()

  • B. McCannon
  • C. Detotto

    ()

Abstract

What factors drive the length of a kidnapping experience? A theoretical model is developed to conduct comparative statics. A unique data set covering all kidnappings for ransom in Sardinia between 1960 and 2010 is analyzed. Factors related to the ability to pay and cost of abduction matter. The effect of policies aimed at deterring the crime have mixed effects on its duration.

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Bibliographic Info

Paper provided by Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia in its series Working Paper CRENoS with number 201219.

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Date of creation: 2012
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Handle: RePEc:cns:cnscwp:201219

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Keywords: survival analysis; sardinia; ransom; kidnapping; crime;

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References

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  1. Reinhard Selten, 1976. "A Simple Game Model of Kidnapping," Working Papers, Bielefeld University, Center for Mathematical Economics 045, Bielefeld University, Center for Mathematical Economics.
  2. Caroline Orset, 2008. "A Theory of Child Protection against Kidnapping," Cahiers de recherche, CIRPEE 0816, CIRPEE.
  3. Lapan, Harvey E & Sandler, Todd, 1988. "To Bargain or Not to Bargain: That Is the Question," American Economic Review, American Economic Association, American Economic Association, vol. 78(2), pages 16-21, May.
  4. Bertrand Crettez & Régis Deloche, 2009. "A cliometric analysis of the Aldo Moro kidnapping and assassination," Cliometrica, Journal of Historical Economics and Econometric History, Association Française de Cliométrie (AFC), Association Française de Cliométrie (AFC), vol. 3(2), pages 123-139, June.
  5. Brandt, Patrick T. & Sandler, Todd, 2009. "Hostage taking: Understanding terrorism event dynamics," Journal of Policy Modeling, Elsevier, Elsevier, vol. 31(5), pages 758-778, September.
  6. Mario Cleves & William W. Gould & Roberto G. Gutierrez & Yulia Marchenko, 2010. "An Introduction to Survival Analysis Using Stata," Stata Press books, StataCorp LP, StataCorp LP, edition 3, number saus3, March.
  7. Atkinson, Scott E & Sandler, Todd & Tschirhart, John, 1987. "Terrorism in a Bargaining Framework," Journal of Law and Economics, University of Chicago Press, University of Chicago Press, vol. 30(1), pages 1-21, April.
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Citations

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Cited by:
  1. Mark Pingle & Alexander Fink, 2013. "Kidnap Insurance and its Impact on Kidnapping Outcomes," Working Papers, University of Nevada, Reno, Department of Economics;University of Nevada, Reno , Department of Resource Economics 13-001, University of Nevada, Reno, Department of Economics;University of Nevada, Reno , Department of Resource Economics.
  2. Alexander Fink & Mark Pingle, 2012. "Kidnap Insurance and its Impact on Kidnapping Outcomes," ICER Working Papers, ICER - International Centre for Economic Research 13-2012, ICER - International Centre for Economic Research.
  3. C. Detotto & BC. McCannon & M. Vannini, 2013. "A Note on Marginal Deterrence: Evidence," Working Paper CRENoS 201310, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.

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