Article
Understanding Maritime Piracy Syndicate Operations
In this article, I explain maritime piracy syndicates’ structure and
behavior as based on two required inputs: the time needed between
an attack and the realization of profit, and access to certain
economic and security goods, namely a secure environment and
market infrastructure. Pirates face two challenges. Internally, they
must keep the organization together during the operation, a challenge
I examine with a principal-agent framework to show how
the inputs shape the security and control tradeoffs that exist, or
not. Externally, pirates must maintain access to the external resources
necessary for the success of their operation. I then turn to
the adaptations in internal structure, targeting, and network connections
that different types of pirate syndicates make to resolve
principal-agent problems and external resource access problems
during operations.
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