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Understanding Ransom Kidnappings and Their Duration

Author

Listed:
  • Detotto Claudio
  • Vannini Marco

    (DiSEA, University of Sassari and CRENoS, 34 via Torre Tonda, 07100 Sassari, Italy)

  • McCannon Bryan C.

    (School of Business, Saint Bonaventure University, Saint Bonaventure, NY 14760, USA)

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. Policies aimed at deterring kidnapping have mixed effects on its duration.

Suggested Citation

  • Detotto Claudio & Vannini Marco & McCannon Bryan C., 2014. "Understanding Ransom Kidnappings and Their Duration," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 14(3), pages 1-23, July.
    • Handle: RePEc:bpj:bejeap:v:14:y:2014:i:3:p:23:n:12
    DOI: 10.1515/bejeap-2013-0079
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    References listed on IDEAS

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    1. Reinhard Selten, 1976. "A Simple Game Model of Kidnapping," Center for Mathematical Economics Working Papers 045, Center for Mathematical Economics, Bielefeld University.
    2. Lapan, Harvey E & Sandler, Todd, 1988. "To Bargain or Not to Bargain: That Is the Question," American Economic Review, American Economic Association, vol. 78(2), pages 16-21, May.
    3. Caroline Orset, 2008. "A Theory of Child Protection against Kidnapping," Cahiers de recherche 0816, CIRPEE.
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    5. 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), vol. 3(2), pages 123-139, June.
    6. Todd Sandler & John L. Scott, 1987. "Terrorist Success in Hostage-Taking Incidents," Journal of Conflict Resolution, Peace Science Society (International), vol. 31(1), pages 35-53, March.
    7. Detotto, Claudio & McCannon, Bryan C. & Vannini, Marco, 2015. "Evidence of marginal deterrence: Kidnapping and murder in Italy," International Review of Law and Economics, Elsevier, vol. 41(C), pages 63-67.
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    Cited by:

    1. Detotto, Claudio & McCannon, Bryan C. & Vannini, Marco, 2015. "Evidence of marginal deterrence: Kidnapping and murder in Italy," International Review of Law and Economics, Elsevier, vol. 41(C), pages 63-67.
    2. Shaun Larcom & Mare Sarr, 2018. "On the Perils of Commitment to Punishment when Criminals Are Strategic," The Journal of Legal Studies, University of Chicago Press, vol. 47(2), pages 391-418.
    3. Porreca, Zachary, 2024. "Bride Kidnapping and Informal Governance Institutions," GLO Discussion Paper Series 1391, Global Labor Organization (GLO).
    4. Zachary Porreca, 2024. "Bride Kidnapping and Informal Governance Institutions," Papers 2402.03411, arXiv.org.

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    More about this item

    JEL classification:

    • C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies
    • K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law

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