Criminal business model: Somali pirate case study

Hi all,

this blog post is to have a nice economical point of view on somali pirates business model, something nice as also crime is a business and need it’s business evaluation:

An economic Analysis of Somali Pirates Business Model

It sounds much like a great deal, check it out the details:

The attack model and costs

The negotiation phase (Offer and Counter offer)

The resolution

And for the pleasure of home gamer, Cuttrhouat Capitalism: the game

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