Understanding Ransom Kidnapping and Its Duration
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.
|Date of creation:||2012|
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Staff General Research Papers
10817, Iowa State University, Department of Economics.
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