651: Anja Shortland | How Kidnap Insurance Works

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Episode
653 of 1171
Længde
1T 13M
Sprog
Engelsk
Format
Kategori
Økonomi & Business

Anja Shortland is a professor of political economy at King’s College, London who specializes in the economics of crime. She is the author of Kidnap: Inside the Ransom Business and Lost Art: The Art Loss Register Casebook Volume One.

What We Discuss with Anja Shortland:

• How many people are kidnapped every year for ransom • , and how many actually return from the ordeal alive?

• What incentives do kidnappers have to treat hostages nonviolently • and bargain for their release in good faith?

• How do insurers keep vulnerable clients from letting down their guard • once a policy has been obtained?

• The protection theory that explains how crime organizations (e.g., the mafia) effectively stabilize the kidnap-for-ransom industry. •

• Why offering a higher ransom than demanded is the worst strategy for ensuring a hostage's safe release. •

• And much more...

Full show notes and resources can be found here: jordanharbinger.com/651

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