A model is presented where the question of bank regulation is developed under a principal-agent scenario in a regime where the regulator has limited resources and banks may have an incentive to act ultra virus the regulatory standards. If banks are subject to random audit, then compliance is...

The manufacturing processes have been in evidence for the past hundred yearsand are being widely used in diverse areas. Among various manufacturingprocesses, casting, welding, forging, non- traditional manufacturingprocesses etc are commercially used as manufacturing solutions. This specialissue...