How Much Bang for the Buck? Exploring the Effects of Ransom Payments on Terrorist Activity in West Africa

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Tim Lohse Andreas Nyga a Berlin Centre for Empirical Economics (BCEE), Berlin School of Economics and Law, Berlin, Germanyb School of Business & Economics, Freie Universität Berlin, Berlin, GermanyDr. Tim Lohse is a Professor of Applied Microeconomics at the Berlin School of Economics and Law and serves as the Deputy Director of the Berlin Centre of Empirical Economics. He is also affiliated with Freie Universität Berlin and the Max Planck Institute for Tax Law and Public Finance in Munich, Germany. Additionally, he is a fellow of the CESifo research network and a member of the Berlin Behavioral Economics Group. His current research focuses on security and defense economics.Andreas Nyga holds a Master’s degree in Economics from Freie Universität Berlin and is a research affiliate at the Berlin Centre of Empirical Economics. He is a reserve officer in the German Air Force and is currently employed in the German parliament.

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