Weapons in the Dark: Dark Net Demand and Supply Response to Mass-casualty Events.

Elena Ivanchenkova & Lavi Apfelbaum

Student thesis: Master thesis


In this paper, we examine the effect of mass-casualty events on the supply and demand for arms on the Dark Net markets. We explain the environment based on the existing research literature on Bitcoin, encrypted browsers, smuggling and other mechanisms that keep it functioning. We overcome data quality issues related to missing observation using imputation tools. In this research, we use classical econometric methods to obtain evidence on the weapons trade response to the non-strict exogenous shocks. Our results provide some evidence on the short-term and midterm arms sales reaction to the terror attacks and mass shootings. We also find a potential of recognising trends and patterns in weapon trade through the activity analysis in the Dark Net markets

EducationsMSc in Advanced Economics and Finance, (Graduate Programme) Final Thesis
Publication date2017
Number of pages127