| ID | 131328 |
| Title Proper | Fighting maritime piracy |
| Other Title Information | three lessons from pompeius magnus |
| Language | ENG |
| Author | Schubert, Christian ; Lades, Leonhard K |
| Publication | 2014. |
| Summary / Abstract (Note) | Piracy in international waters is on the rise again, in particular off the coast of Somalia. While the dynamic game between pirates, ship-owners, insurance firms and the military seems to have reached some kind of equilibrium, piracy risks generating significant negative externalities to third parties (e.g. in terms of environmental hazards and terrorism), justifying attempts to contain it. We argue that these attempts may benefit from a look back - through the analytical lens of rational choice theory - to the most successful counterpiracy campaign ever undertaken, namely, the one led by the Roman general Gnaeus Pompeius Magnus (Pompey the Great) in 67 BC. |
| `In' analytical Note | Defence and Peace Economics Vol.25, No.5; October 2014: p.481-497 |
| Journal Source | Defence and Peace Economics Vol.25, No.5; October 2014: p.481-497 |
| Key Words | Maritime Conflicts ; Dynamic Game ; International Security ; Military Seems ; Somalia ; Maritime Security ; Maritime Policy ; Rational Choice ; Political Analysis ; Hazards ; Terrorism ; Maritime Piracy ; Counter-Terrorism ; Maritime Terrorism ; Counterpiracy |