The paper introduces a welfarist approach to the national safety of a nation with membership in a defense alliance as … insurance devices, the domestic military budget and the incremental safety provided by the membership in the alliance. The … commitment of the alliance in the creation of safety is, however, imperfect. A sufficient condition is stated for the non …

delay and connecting layover time. While an alliance raises service quality when layover time has zero cost, the reverse … preferences in business and leisure markets, while an alliance is less responsive to such preference differences. With hub … positive alliance effect in the low-cost layover case. …

Using an agency model, we show how delegation, by generating additional private information, improves dynamic …

erodes the moral value of honesty; (2) whether the perceived level of agency over an uncertain event affects the relationship … when contemporaneous luck-based income is high, (2) lying is not affected by the perceived level of agency, and (3) lying …