Standing of Third Parties to Challenge Administrative Agency Actions

Contracting with Third Parties

odels of bilateral contracting, such as the canonical holdup model, typically assume that third parties are not available. Given this assumption, the equilibrium outcome is not first-best efficient if contracts can be renegotiated. To be more specific, suppose an architect and a builder must cooperate to build a building. The quality of the building will depend on three things: the quality of t...

Whose Duties and Liabilities to Third Parties?

Analyzing the Costs of Collective Actions for Political, Administrative, and Economic Agents to Facilitate Investment

The processes of collective action of individuals within the government organization and the formation and modification of these processes in the private sector have fundamental differences with collective action. A collective action, either in the form of an activity or in the form of a reform of an entity, both has transaction costs for agents within the process. So, a collective action withi...

Towards Tiny Trusted Third Parties

Many security protocols hypothesize the existence of a trusted third party (TTP) to ease handling of computation and data too sensitive for the other parties involved. Subsequent discussion usually dismisses these protocols as hypothetical or impractical, under the assumption that trusted third parties cannot exist. However, the last decade has seen the emergence of hardware-based devices that,...

Exploitable Results by Third Parties