Law And Economics

Question Description

I’m working on a economics discussion question and need an explanation and answer to help me learn.

I need these five questions answered using the article I’ve attached.

1) What are the main organizational problems faced by pirate organizations?

2) Where do pirate crew’s organizational forms come from?

3) What are the primary organizational difference between pirates and merchant ships? Why do you think these differences came about?

4) Why would someone be a pirate?

5) How did pirate leaders induce group members to act in the interest of the pirate organization?

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