Understanding Ransom Kidnappings and Their Duration
|Title||Understanding Ransom Kidnappings and Their Duration|
|Publication Type||Journal Article|
|Year of Publication||2014|
|Authors||Detotto, C, McCannon, B, Vannini, M|
|Journal||The B.E. Journal of Economic Analysis and Policy|
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.
|Keywords||crime, kidnapping, ransom, sardinia, survival analysis|