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Sharing economy firms such as Uber and Airbnb facilitate trusted transactions between strangers on digital platforms. This creates economic and other value and raises a set of concerns around racial bias, safety, and fairness to competitors and workers that legal scholarship has begun to...
Persistent link: https://www.econbiz.de/10012961452
Jon Hanson and Douglas Kysar coined the term “market manipulation” in 1999 to describe how companies exploit the cognitive limitations of consumers. Everything costs $9.99 because consumers see the price as closer to $9 than $10. Although widely cited by academics, the concept of market...
Persistent link: https://www.econbiz.de/10012905255
Law and economics tends to be skeptical of privacy, finding privacy overrated, inefficient, and perhaps even immoral. Law should not protect privacy because privacy inhibits the market by allowing people to hide useful information. Privacy law scholars tend to be skeptical of markets. Markets...
Persistent link: https://www.econbiz.de/10013004063
State and local governments seeking to address the proliferation of billboards and other outdoor advertising must negotiate two obstacles of First Amendment law. The first is the Supreme Court’s 1981 decision in Metromedia, Inc. v. City of San Diego. Following Metromedia, regulators can...
Persistent link: https://www.econbiz.de/10014192442
Laws can be hard to pass and easy to ignore. Regulators are increasingly turning to alternatives to law to influence citizen behavior. This Essay compares three methods that have particularly captured the imagination of scholars and officials in recent years. Much has been written about each...
Persistent link: https://www.econbiz.de/10014039427
With millions of home and service robots already on the market, and millions more on the way, robotics is poised to be the next transformative technology. As with personal computers, personal robots are more likely to thrive if they are sufficiently open to third-party contributions of software...
Persistent link: https://www.econbiz.de/10014189258
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