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This article explores the relevance of behavioral economics for legal issues in private international law. It finds that this relevance is limited. Choice of law problems in particular can be fruitfully analyzed with the neo-classical apparatus of economic theory that includes information...
Persistent link: https://www.econbiz.de/10014136599
The United Kingdom will leave the European Union. Brexit will involve many complex negotiations. This paper analyses the negotiation position of the parties (UK, EU, Member States) based on a set of four key negotiation factors: agreement options, non-agreement alternatives, interests, and...
Persistent link: https://www.econbiz.de/10012967753
Machines powered by artificial intelligence (AI) are on the rise. In many use cases, their performance today already exceeds human capabilities. In this essay, I explore fundamental regulatory issues related to such “autonomous machines”. I adopt an analytical perspective that highlights the...
Persistent link: https://www.econbiz.de/10012848704