In this essay, bankster reputation as a coordination mechanism (“focal arbitrator”) in the game of interest rate manipulation and the effects punishment will be analyzed with the aid of game-theoretical instruments

The article describes the policy-making structure which governs the reform of justice in Afghanistan. It is characterized by an evolution from a bilateral to a multilateral approach, aimed at increasing the Afghan ownership. However, observing the system ‘from within', it seems currently ruled...

International Commercial Arbitration if flourishing within the European Union. People refer to it more than ever and, besides, national legislators are enacting new Arbitration Act to the extent that almost all EU Member States have modified the regulation on Arbitration during the last decade....

In an era where corporate malfeasance has imposed staggering costs on society, ranging from the largest oil spill in recorded history to the largest government bailout of Wall Street, one would think that those who uncover corporate wrongdoing before it causes significant harm should receive...

This paper analyzes the effects of drug use on capital accumulation in a modified version of the Ramsey's model. We show that the equilibrium per capita stock of capital is smaller than in the original model, which implies that drug use has a negative impact on capital accumulation

On July 29, 1998, Justice Clarence Thomas spoke to the National Bar Association, the nation's largest organization of black lawyers. No, he did not wander in off the street; he slipped in through the side door of competing interests, just as he slipped onto the Supreme Court seven years...

This article looks at the American Accounting Association (AAA) from a forensic accountant's viewpoint. One of the primary functions of a forensic accountant is to investigate, gather evidence, and reach conclusions. While forensic accounting is much more than auditing, like an auditor, forensic...

This article explores the forces contributing to very high professional fees in large chapter 11 cases and suggests that lawyers might want to consider valuing their services in ways other than the traditional billable hour approach

The purpose of the study is focused on the delinquents and their main features and attributes and causes while committing the crime. The universe of this research was the delinquents of Karachi Youthful Offender's Industrial School, Karachi. Random sampling methods were used for data collection...