The harder pirate promise to keep was the threat to brutalize resisters (costly to carry out) rather than the promise of mercy to those who surrender (which is not costly); for the average money-motivated pirate, sparing peaceful captives was the natural, low-cost choice.

causalpending

Speaker

Peter Leeson

Evidence Quote

brutalizing prisoners is costly not [brutalizing] is not... so it's a mature sadist... but for the average pirate who just wants money right they're gonna move on

Source

Peter Leeson on Pirates and the Invisible Hook 05/25/2009EconTalk
Created: 6/17/2026, 10:31:31 AM

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