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On legal bubbles: some thoughts on legal shockwaves at the core of the digital economy
In: Journal of institutional economics, Band 18, Heft 4, S. 587-604
ISSN: 1744-1382
AbstractFor two decades, economic agents have been investing in the personal data-driven industry on the assumption that courts, the keepers of the legal systems, would have backed their claims, turning their technological control of personal data into legally protected property rights. Courts' backing has proved only temporary as they are now revising early solutions by constraining collection, use, and trade of personal data to protect the hierarchically superior rights. The theory of 'legal bubbles' rationalizes the economics underlying the legal shockwaves affecting the personal data-driven economy. 'Legal bubbles' tend to arise when economic agents invest in the economic exploitation of a new resource in a context of uncertainty and ignorance about the legal implications of innovative activities. These legal foundations may eventually turn out to be unstable as a result of courts' ex-post attempt to re-adapt them to the previously ignored implications of unconstrained commodification, with disruptive economic consequences.
Riflessioni sul ripristino del dibattito pubblico. Fare i conti con le 'esternalità costituzionali' (Reflections on Remaking Public Debate: Coming to Terms with 'Constitutional Externalities')
In: Media Laws/Rivista Diritto dei Media, Vol.3/2021
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Legal Bubbles: A Primer on the Economics of Legal Creative Destruction
In: FORTHCOMING IN Springer Science+Business Media, LLC, part of Springer Nature 2022 A. Marciano, G. B. Ramello (eds.), Encyclopedia of Law and economics
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Working paper
On legal bubbles: some thoughts on legal shockwaves at the core of the digital economy
In: in Journal of Institutional Economics (2022), 18(4):587–604
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Hats, Wives and Legal Bubbles: Some Thoughts on Lawyers' use of Knowledge
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Privacy rights in online interactions and litigation dynamics: A social custom view
In: European journal of political economy, Band 67, S. 101967
ISSN: 1873-5703
Privacy Rights in Online Interactions and Litigation Dynamics: A Social Custom View
In: European Journal of Political Economy, Band 67, Heft 2021
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Working paper
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