{"id":"https://openalex.org/W2132369922","doi":"https://doi.org/10.3982/qe655","title":"Pirates of the Mediterranean: An empirical investigation of bargaining with asymmetric information","display_name":"Pirates of the Mediterranean: An empirical investigation of bargaining with asymmetric information","publication_year":2018,"publication_date":"2018-03-01","ids":{"openalex":"https://openalex.org/W2132369922","doi":"https://doi.org/10.3982/qe655","mag":"2132369922"},"language":"en","primary_location":{"id":"doi:10.3982/qe655","doi":"https://doi.org/10.3982/qe655","is_oa":true,"landing_page_url":"https://doi.org/10.3982/qe655","pdf_url":"https://onlinelibrary.wiley.com/doi/pdfdirect/10.3982/QE655","source":{"id":"https://openalex.org/S156003414","display_name":"Quantitative Economics","issn_l":"1759-7323","issn":["1759-7323","1759-7331"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","doaj","erih-plus","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Quantitative Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://onlinelibrary.wiley.com/doi/pdfdirect/10.3982/QE655","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5035270562","display_name":"Attila Ambrus","orcid":"https://orcid.org/0000-0002-4406-6330","observed_orcids":["https://orcid.org/0000-0002-4406-6330"]},"institutions":[{"id":"https://openalex.org/I1321305853","display_name":"National Bureau of Economic Research","ror":"https://ror.org/04grmx538","country_code":"US","type":"nonprofit","lineage":["https://openalex.org/I1321305853"]},{"id":"https://openalex.org/I170897317","display_name":"Duke University","ror":"https://ror.org/00py81415","country_code":"US","type":"education","lineage":["https://openalex.org/I170897317"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Attila Ambrus","raw_affiliation_strings":["Department of Economics; Duke University","NBER","Duke University - Department of Economics"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics; Duke University","institution_ids":["https://openalex.org/I170897317"]},{"raw_affiliation_string":"NBER","institution_ids":["https://openalex.org/I1321305853"]},{"raw_affiliation_string":"Duke University - Department of Economics","institution_ids":["https://openalex.org/I170897317"]}]},{"author_position":"middle","author":{"id":null,"display_name":"Eric Chaney","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I136199984","display_name":"Harvard University","ror":"https://ror.org/03vek6s52","country_code":"US","type":"education","lineage":["https://openalex.org/I136199984"]},{"id":"https://openalex.org/I40120149","display_name":"University of Oxford","ror":"https://ror.org/052gg0110","country_code":"GB","type":"education","lineage":["https://openalex.org/I40120149"]}],"countries":["GB","US"],"is_corresponding":true,"raw_author_name":"Eric Chaney","raw_affiliation_strings":["Department of Economics; Oxford University","Harvard University Department of Economics"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics; Oxford University","institution_ids":["https://openalex.org/I40120149"]},{"raw_affiliation_string":"Harvard University Department of Economics","institution_ids":["https://openalex.org/I136199984"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5011678686","display_name":"Igor Salitskiy","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I102248843","display_name":"Vienna University of Economics and Business","ror":"https://ror.org/03yn8s215","country_code":"AT","type":"education","lineage":["https://openalex.org/I102248843"]}],"countries":["AT"],"is_corresponding":true,"raw_author_name":"Igor Salitskiy","raw_affiliation_strings":["Department of Finance; Vienna University of Business and Economics","#R##N#Vienna University of Economics and Business"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Finance; Vienna University of Business and Economics","institution_ids":["https://openalex.org/I102248843"]},{"raw_affiliation_string":"#R##N#Vienna University of Economics and Business","institution_ids":["https://openalex.org/I102248843"]}]}],"institutions":[],"countries_distinct_count":3,"institutions_distinct_count":5,"corresponding_author_ids":["https://openalex.org/A5011678686","https://openalex.org/A5035270562"],"corresponding_institution_ids":["https://openalex.org/I102248843","https://openalex.org/I1321305853","https://openalex.org/I136199984","https://openalex.org/I170897317","https://openalex.org/I40120149"],"apc_list":{"value":0,"currency":"USD","value_usd":0},"apc_paid":null,"fwci":2.3816,"has_fulltext":true,"cited_by_count":30,"citation_normalized_percentile":{"value":0.89026993,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"9","issue":"1","first_page":"217","last_page":"246"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11031","display_name":"Game Theory and Applications","score":0.3176000118255615,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11031","display_name":"Game Theory and Applications","score":0.3176000118255615,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.15109999477863312,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11762","display_name":"Law, Economics, and Judicial Systems","score":0.12620000541210175,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/bargaining","display_name":"bargaining","score":0.7689999938011169},{"id":"https://openalex.org/keywords/information-asymmetry","display_name":"information asymmetry","score":0.9860000014305115},{"id":"https://openalex.org/keywords/strategic-delay","display_name":"strategic delay","score":0.7039999961853027},{"id":"https://openalex.org/keywords/ransom-payments","display_name":"ransom payments","score":0.6639999747276306},{"id":"https://openalex.org/keywords/barbary-pirates","display_name":"Barbary pirates","score":0.906000018119812},{"id":"https://openalex.org/keywords/captives","display_name":"captives","score":0.8159999847412109},{"id":"https://openalex.org/keywords/signaling","display_name":"signaling","score":0.6140000224113464},{"id":"https://openalex.org/keywords/screening-model","display_name":"screening model","score":0.6679999828338623},{"id":"https://openalex.org/keywords/price-formation","display_name":"price formation","score":0.3580000102519989},{"id":"https://openalex.org/keywords/acceptance-probability","display_name":"acceptance probability","score":0.4959999918937683},{"id":"https://openalex.org/keywords/mediterranean-piracy","display_name":"Mediterranean piracy","score":0.4129999876022339},{"id":"https://openalex.org/keywords/exogenous-variation","display_name":"exogenous variation","score":0.5120000243186951}],"concepts":[{"id":"https://openalex.org/C2781426709","wikidata":"https://www.wikidata.org/wiki/Q1414572","display_name":"Ransom","level":2,"score":0.8359040021896362},{"id":"https://openalex.org/C199776023","wikidata":"https://www.wikidata.org/wiki/Q202875","display_name":"Negotiation","level":2,"score":0.8064795732498169},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.7755879163742065},{"id":"https://openalex.org/C145097563","wikidata":"https://www.wikidata.org/wiki/Q1148747","display_name":"Payment","level":2,"score":0.6802141070365906},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6517274975776672},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.5903730988502502},{"id":"https://openalex.org/C62658633","wikidata":"https://www.wikidata.org/wiki/Q1086723","display_name":"Signaling game","level":2,"score":0.5301996469497681},{"id":"https://openalex.org/C177264268","wikidata":"https://www.wikidata.org/wiki/Q1514741","display_name":"Set (abstract data type)","level":2,"score":0.4930672347545624},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.4403761923313141},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.436134397983551},{"id":"https://openalex.org/C2993229322","wikidata":"https://www.wikidata.org/wiki/Q452421","display_name":"Wage bargaining","level":3,"score":0.4295448064804077},{"id":"https://openalex.org/C2777388388","wikidata":"https://www.wikidata.org/wiki/Q6821213","display_name":"Wage","level":2,"score":0.39694175124168396},{"id":"https://openalex.org/C145236788","wikidata":"https://www.wikidata.org/wiki/Q28161","display_name":"Labour economics","level":1,"score":0.20631125569343567},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.15768226981163025},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.11415183544158936},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.11315920948982239},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.11189296841621399},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.09991693496704102},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.088981032371521},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.07405081391334534},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.3982/qe655","doi":"https://doi.org/10.3982/qe655","is_oa":true,"landing_page_url":"https://doi.org/10.3982/qe655","pdf_url":"https://onlinelibrary.wiley.com/doi/pdfdirect/10.3982/QE655","source":{"id":"https://openalex.org/S156003414","display_name":"Quantitative Economics","issn_l":"1759-7323","issn":["1759-7323","1759-7331"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","doaj","erih-plus","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Quantitative Economics","raw_type":"journal-article"},{"id":"mag:2132369922","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm-abstract_id=1954149","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},{"id":"pmh:oai:econstor.eu:10419/195567","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/195567","pdf_url":null,"source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:article"}],"best_oa_location":{"id":"doi:10.3982/qe655","doi":"https://doi.org/10.3982/qe655","is_oa":true,"landing_page_url":"https://doi.org/10.3982/qe655","pdf_url":"https://onlinelibrary.wiley.com/doi/pdfdirect/10.3982/QE655","source":{"id":"https://openalex.org/S156003414","display_name":"Quantitative Economics","issn_l":"1759-7323","issn":["1759-7323","1759-7331"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","doaj","erih-plus","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Quantitative Economics","raw_type":"journal-article"},"sustainable_development_goals":[{"score":0.5473999977111816,"display_name":"Peace, justice, and strong institutions","id":"https://metadata.un.org/sdg/16"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2132369922.pdf","grobid_xml":"https://content.openalex.org/works/W2132369922.grobid-xml"},"referenced_works_count":56,"referenced_works":["https://openalex.org/W155750987","https://openalex.org/W170257553","https://openalex.org/W569464467","https://openalex.org/W622960954","https://openalex.org/W632302933","https://openalex.org/W1489162372","https://openalex.org/W1516401989","https://openalex.org/W1528715544","https://openalex.org/W1559631310","https://openalex.org/W1564917597","https://openalex.org/W1596403822","https://openalex.org/W1936101682","https://openalex.org/W1966195731","https://openalex.org/W1969440363","https://openalex.org/W1972444484","https://openalex.org/W1992466448","https://openalex.org/W1998213322","https://openalex.org/W2003039911","https://openalex.org/W2005817735","https://openalex.org/W2013074020","https://openalex.org/W2025364314","https://openalex.org/W2030288307","https://openalex.org/W2034672413","https://openalex.org/W2061637375","https://openalex.org/W2062687423","https://openalex.org/W2084679649","https://openalex.org/W2101325832","https://openalex.org/W2104119977","https://openalex.org/W2108523777","https://openalex.org/W2110132253","https://openalex.org/W2112374372","https://openalex.org/W2129195233","https://openalex.org/W2129750450","https://openalex.org/W2134291350","https://openalex.org/W2141481859","https://openalex.org/W2145152845","https://openalex.org/W2152064149","https://openalex.org/W2157142059","https://openalex.org/W2159329960","https://openalex.org/W2168021696","https://openalex.org/W2246657697","https://openalex.org/W2590769400","https://openalex.org/W2798136652","https://openalex.org/W3005682096","https://openalex.org/W3121168908","https://openalex.org/W3122820340","https://openalex.org/W3123059484","https://openalex.org/W3123417420","https://openalex.org/W3124139654","https://openalex.org/W3125144118","https://openalex.org/W3125241815","https://openalex.org/W3125764936","https://openalex.org/W4236617157","https://openalex.org/W4237080325","https://openalex.org/W4256517501","https://openalex.org/W4298113023"],"related_works":["https://openalex.org/W1556145976","https://openalex.org/W7097652112","https://openalex.org/W1550377076","https://openalex.org/W2003039911","https://openalex.org/W4409363044","https://openalex.org/W7098738019","https://openalex.org/W2021357734","https://openalex.org/W7017514470","https://openalex.org/W3125707834","https://openalex.org/W4399871972"],"abstract_inverted_index":{"We":[0,65],"investigate":[1],"the":[2,31,41,50,54,72,84,88],"effect":[3,51],"of":[4,17,43,49,57,71],"delay":[5,32],"on":[6],"prices":[7,90],"in":[8,30,33,60],"bargaining":[9,75],"situations":[10],"using":[11],"a":[12,69],"data":[13],"set":[14],"containing":[15],"thousands":[16],"captives":[18],"ransomed":[19],"from":[20,53],"Barbary":[21],"pirates":[22],"between":[23],"1575":[24],"and":[25,46,81,91],"1692.":[26],"Plausibly":[27],"exogenous":[28],"variation":[29],"ransoming":[34],"provides":[35],"evidence":[36],"that":[37,47,83],"negotiating":[38],"delays":[39],"decreased":[40],"size":[42],"ransom":[44],"payments,":[45],"much":[48],"stems":[52],"signalling":[55],"value":[56],"strategic":[58],"delay,":[59],"accordance":[61],"with":[62],"theoretical":[63],"predictions.":[64],"also":[66],"structurally":[67],"estimate":[68],"version":[70],"screening":[73],"type":[74],"model,":[76],"adjusted":[77],"to":[78],"our":[79],"context,":[80],"find":[82],"model":[85],"fits":[86],"both":[87],"observed":[89],"acceptance":[92],"probabilities":[93],"well.":[94]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":5},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":2}],"updated_date":"2026-11-03T10:50:19.383937","created_date":"2016-06-24T00:00:00"}