The Law and Economics of International Cooperation Against Maritime Piracy

Preprint OPEN
Paul Hallwood; Thomas J. Miceli;
  • Subject: International law, law enforcement, maritime piracy
    • jel: jel:K33 | jel:K14

Article 100 of the U.N. Convention on the Law of the Sea requires signatories to “cooperate” against maritime piracy, but “cooperate” is undefined. Enforcement is a public good – creating uncompensated benefits for others, so suffering from free-rider problems. Our anal... View more
  • References (25)
    25 references, page 1 of 3

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