Archives for posts tagged ‘informal economy’

Somali pirates use markets to reduce risk and increase rewards

Piracy is a dangerous game to play. The vessels used are often small, rickety affairs and there is increasing hostility from would-be captives. But, employment opportunities in Somalia are scarce in the war ravaged country and many people feel they have little choice than to risk their lives by ransoming the lives of those they [...]

InfoChimps centralizes data and improves market for datasets

Related to my recent post on scientific collaboration, I’ve finally been invited to join InfoChimps.org, a website and aggregates and searches datasets from users. The site is very young and so far I’ve found very few datasets on concerning fisheries economics save for U.S.A. catch and value data for 1960-2005. For this particular dataset, it [...]