The 21st century has witnessed radical transformations in the way humans live, communicate and interact with their non-human environment: the rise of the internet and tech giants, breakthroughs in artificial intelligence and data analytics, climate emergency, rising inequalities across the globe despite the promises of globalisation…
The century calls for a paradigm shift in law and economics, raising numerous questions. Are our laws adequately addressing the new needs of our societies? How do we rethink competition law when players are growing larger and beyond borders and traditional measures of concentration no longer apply? Should we rethink the articulation between industrial and competition policy? How can we use our economic tools and methods to assess and design flexible rules and regulations fir for the digital world? How does big data affect judicial decision making? How can we address the regulatory challenges that climate emergency raises? Have laws reinforced the rising inequalities both within and amongst different states?
The creation of the group “Law and Economics Policy Initiative” aims to address these questions and generally treat subjects where law and economics are intertwined. It is an interdisciplinary venture, building on the strengths of the Department of Economics and the Law School at Sciences Po, but it will ultimately involve the entire Sciences Po community.
The group will be organized around three main themes:
- Antitrust, industrial and innovation policy
- Big data, financial regulation, consumer protection, predictive justice and use of data in sentencing
- Rethinking law and economics to address climate emergency