This paper contributes to the positive political theory of legislative delegation by modeling formally the decision calculus of a rational legislator who must choose between delegation to an agency and delegation to a court. The model focuses in particular on the legislator’s interest in diversifying risk, both across time and across issues, and her interest in avoiding interpretive inconsisten...

We investigate how managers trade off the benefits of delegating authority to their employees with risk loss control. Organizational economics theory identifies specific knowledge subordinates and monitoring possibilities for manager as determinants delegation. Social learning predicts that when unit are themselves granted more authority, they will pass this on employees. This cascading reduces...

We investigate optimal managerial contracts in a principal-manager-employee hierarchy with a moral hazard problem at the bottom. We allow for collusion and extortion. Side contracting between manager and employee takes place before the employee has taken his action. Information is soft under collusion. If the manager's sole duty is to report information and if we focus on collusion plus extorti...

SIFT has been developing an approach to adaptable automation control of multiple Unmanned Air Vehicles (UAVs) we call a Playbook because it is based on the metaphor of a sports team’s book of acceptable plays. Playbook represents a “delegation” approach to human-automation interactions because it allows a human operator to task or delegate authority to automation with much of the same flexibili...

The dynamics of the legal politics regulating mineral and coal licensing authorities have undergone significant changes. Initially, authority was given by law to local governments, now this is taken over central government. purpose research find out direction philosophical basis behind amendments Mineral Coal Law its implications for mining authority. benefits obtained from are that some change...

The Bitcoin ecosystem has suffered frequent thefts and losses affecting both businesses and individuals. The insider threat faced by a business is particularly serious. Due to the irreversibility, automation, and pseudonymity of transactions, Bitcoin currently lacks support for the sophisticated internal control systems deployed by modern businesses to deter fraud. We seek to bridge this gap. W...