This article addresses clinical and ethical directions in treating clients coping with infidelity. Developing competence in this domain requires familiarity with empirical research regarding infidelity, individual and cultural differences involving non-monogamy, and assessment and intervention skills related to treating infidelity. Practical directions will entail distinguishing among responsib...

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In private international law of contract, the regulating rights and obligations contracting parties may (whether objectively determined or chosen by parties), in some instances, be limited either public policy considerations other relevant mandatory rules. this regard, overriding rules three places – that forum state, applicable (if different from lex fori) place performance (or a third state w...

This paper analyzes the pricing of defaultable securities in rating based models where the default of more than one agent is involved. We extend the model of Duffie and Huang (1996) to a framework which explicitly takes into account the rating of each party. Although our method is by no means restricted to swap contracts we will use as our illustrative example a plain vanilla interest rate swap...

electronic commerce; e-contract; business processes Real world interactions between businesses are governed by contracts that define rights and obligations of parties. Electronic contract structures the information contained in textual contract so that it can be used to automate certain aspects of contracting process. In this report we focus on the contract fulfilment stage of this process. A s...

We consider risk-aware forest owners and electricity producers evaluating the Reduced Emissions from Deforestation and Degradation (REDD)-based offsets with a benefitsharing mechanisms under uncertain CO2 prices. For a range of CO2 prices and respective risks perceived by the forest owner (seller) and electricity producer (buyer), we apply a model of fair (indifference) pricing. Parties’ risk p...

This paper explores how governance structures (defined as ex ante allocations of decision rights and payoff rights) affect how parties adapt to changing circumstances. Our model allows for an arbitrary number of parties and an arbitrary number of decision rights, payoff rights, and assets (inseparable bundles of decision rights and payoff rights). We solve for the governance structure that maxi...

We consider risk-aware forest owners and electricity producers evaluating the Reduced Emissions from Deforestation and Degradation (REDD)-based offsets with a benefitsharing mechanisms under uncertain CO2 prices. For a range of CO2 prices and respective risks perceived by the forest owner (seller) and electricity producer (buyer), we apply a model of fair (indifference) pricing. Parties’ risk p...

Construction project delays emanates from multiplicity of different sources of risk events. This, combined with high uncertainty in cause-effect relationships between the events and their impacts on project completion dates, have created immense difficulties in apportioning project delay responsibilities amongst contracting parties. This challenge is now dealt with by various delay analysis app...