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Understanding Ransom Kidnapping and Its Duration

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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.

Suggested Citation

  • M. Vannini & B. Mccannon & C. Detotto, 2012. "Understanding Ransom Kidnapping and Its Duration," Working Paper CRENoS 201219, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    • Handle: RePEc:cns:cnscwp:201219
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    File URL: https://crenos.unica.it/crenos/node/3655
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    References listed on IDEAS

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    1. Atkinson, Scott E & Sandler, Todd & Tschirhart, John, 1987. "Terrorism in a Bargaining Framework," Journal of Law and Economics, University of Chicago Press, vol. 30(1), pages 1-21, April.
    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. Khusrav Gaibulloev & Todd Sandler, 2009. "Hostage Taking: Determinants of Terrorist Logistical and Negotiation Success," Journal of Peace Research, Peace Research Institute Oslo, vol. 46(6), pages 739-756, November.
    4. Caroline Orset, 2008. "A Theory of Child Protection against Kidnapping," Cahiers de recherche 0816, CIRPEE.
    5. Brandt, Patrick T. & Sandler, Todd, 2009. "Hostage taking: Understanding terrorism event dynamics," Journal of Policy Modeling, Elsevier, vol. 31(5), pages 758-778, September.
    6. 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.
    7. Reinhard Selten, 1976. "A Simple Game Model of Kidnapping," Center for Mathematical Economics Working Papers 045, Center for Mathematical Economics, Bielefeld University.
    8. Mario Cleves & William W. Gould & Roberto G. Gutierrez & Yulia Marchenko, 2010. "An Introduction to Survival Analysis Using Stata," Stata Press books, StataCorp LP, edition 3, number saus3.
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    Cited by:

    1. Alexander Fink & Mark Pingle, 2014. "Kidnap insurance and its impact on kidnapping outcomes," Public Choice, Springer, vol. 160(3), pages 481-499, September.
    2. 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.
    3. C. Detotto & B. 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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    More about this item

    Keywords

    survival analysis; sardinia; ransom; kidnapping; crime;
    All these keywords.

    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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