Delegation is a powerful mechanism to provide flexible and dynamic access control decisions. Delegation is particularly … federation. Although many delegation schemes have been studied, current models do not seriously take into account the issue of … delegation commitment of the involved parties. In order to address this issue, this paper introduces a new mechanism to help …

In an experiment, we model two stylized facts about capital budgeting practice, budgetary slack creation and delegation … gives a cost report, and headquarters decides on the project. Under delegation, headquarters allocates a budget to the … a budget moderates the effect of delegation, and we find evidence in favor of our argument as there is an interaction …

representing different institutional configurations in a monetary union. Delegation of budget balance responsibilities to a …