Abstract The structure of the global governance system has undergone significant changes in past few years. From a governed primarily by public law institutions established through multilateral treaties, it metamorphosed into hybrid field which plethora public, private, and semi-public interact various ways. shift to architecture presents complex challenge for legal political theory, with immen...

Previous analysis of contract damages supposes that the courts take a passive role in the determination of breach. However, a review of the case law for construction contracts reveals that the courts often inquire in to the scope of individual authority, and use this information to determine breach. This paper integrates such allocation of authority in a two period contract model with bilateral...

We look for necessary properties of shareholder-value maximizing corporate boards when shareholders face a trade-off between improving information sharing between the board and management and reducing distortions in decision-making arising out of managerial agency. We draw a distinction between the alignment of preferences of the board with management (which affects information flows) and the a...

This book is a commercial reprint in England of a study originally published in the United States in 1951 by the Rand Corporation?a research organisation whose Social Sciences Division at that time supported several projects concerned with Soviet behaviour and resources. Among them was the one here reported on, of which Dr. Mead was the director, assisted by an inter-disciplinary team. Its purp...

The following well-known text from the Babylonian Talmud (redacted ca. 600 C.E.) has had an enormous influence on scholarly accounts of the relation between divine authority and human authority in talmudic rabbinic Judaism. [Regarding a certain kind of oven, R. Eliezer rules that it is ritually pure and the sages rule that it is ritually impure.] It was taught: On that day, R. Eliezer responded...

Adaptation is a fact of life. If I walk down the street and fall down a manhole, I’m likely to keep a lookout for open manholes in the future. In this case, I adapt to my circumstances; I take a more cautious approach than I might otherwise have. This is true of all forms of life, and plausibly helps to explain the fact that there is, in fact, life at all. Adaptation of preferences is not much ...

NOTE: This position paper has been coordinated among the software specialists of certification authorities from the United States, Europe, and Canada. However, it does not constitute official policy or guidance from any of the authorities. This document is provided for educational and informational purposes only and should be discussed with the appropriate certification authority when consideri...