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The Market for Protection and Extortion
Sat, April 5, 5:10 to 6:40pm CDT (5:10 to 6:40pm CDT), Palmer House Hilton, Floor: 7th, Sandburg 2Brief Overview
This paper proposes a model of the dynamics of strategic competition in providing protection and extortion by non-state groups under the shadow of the state, emphasizing the effect of competition on violence and extortion fees.