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The Law and Economics of Privacy, Personal Data, Artificial Intelligence, and Incomplete Monitoring presents new findings and perspectives from leading international scholars on several emerging areas issues in legal and economic research.
The collection contains new theoretical papers on privacy, the protection of personal data, the use of regulatory monitoring under legal standards versus rules, a study of the properties of market efficiency in securities fraud litigation, as well as an analysis of non-exclusionary price floors. It also contains an empirical paper on the relationship between uncertainty of patent approval of artificial intelligence applications and the Supreme Court’s decision in Alice Corp. v. CLS Bank International. Finally, the volume features a law-and-economics assessment of the Chinese financial system within the context of the trade-off between centralized control and rapid growth.
This 30th volume of Research in Law and Economics showcases the cutting edge theoretical and empirical findings for researchers and professionals considering these complex issues intersecting law, technology, and economics.
James Langenfeld is Managing Director at BRG Consulting.
Frank Fagan is Associate Professor of Law and member of the EDHEC Augmented Law Institute.
Samuel Clark is an Associate at Ankura Consulting Group LLC.
Chapter 1. The Law and Economics of Privacy, Personal Data, Artificial Intelligence, and Incomplete Monitoring; Frank Fagan and James Langenfeld
Chapter 2. The right to be informed and the right to be forgotten. Welfare implications in presence of myopic consumers; Carlo Capuano, Iacopo Grassi, and Giacomo Valletta
Chapter 3. Privacy as Vulnerability Protection: Optimizing Trade-Offs with Opportunities to Gain Knowledge; Björn Fasterling
Chapter 4. Innovating under Uncertainty: The Patent-Eligibility of Artificial Intelligence after Alice Corp. v. CLS Bank International; Ryan Whalen and Raphael Zingg
Chapter 5. Market Efficiency and Securities Fraud Litigation; Roland Eisenhuth and David Marshall
Chapter 6. Legal Standards and Incomplete Monitoring; David Hasen
Chapter 7. A Note on The Law and Economics of Non-Exclusionary Price Floors; Dennis L. Weisman
Chapter 8. Lending in China; Frank Fagan