Existing literature highlights that constitutional courts influence lawmakers’ policy choices without actively intervening in the policymaking process. Lawmakers know may scrutinize their acts and have incentives to amend policies pre-empt judicial interventions. However, evidence suggests lawmakers are not always prepared sacrifice objectives avoid censure from courts. I develop a formal model...

The evolving role of Information Technology (IT) in business innovation places increasing emphasis on the role of the Chief Information Officer (CIO). Yet, the role of the CIO in business innovation is understudied in the extant literature. Drawing on organizational theory of boundary spanning leadership, we posit that the CIO’s crossfunctional role pertaining to entities and functions outside ...

Should managers be liable for ill-conceived business decisions? One answer is given by U.S. courts, which almost never hold managers liable for their mistakes. In this paper, we address the question in a theoretical model of delegated decision making. We find that courts should indeed be lenient as long as contracts are restricted to be linear. With more general compensation schemes, the answer...

In this paper, the drawing process of multi-layer sheet metal through wedge shaped die has been analyzed using stream function and upper bound method. Typically a sandwich sheet contains three layers of metal, where the outer layers are of the same thickness and material and different from those of the inner layer. In this study, a new deformation model has been introduced in which inlet and ou...