New Economic Analysis of Law Challenges Market Equilibrium Theories
The article discusses how combining social science and law can improve our understanding of economics. It explores how new online trends like algorithmic pricing and platform capitalism affect economic theories. The authors argue that simplified economic models used in policy-making need to be reevaluated. They suggest that legal analysis is crucial for understanding economic issues. The research highlights the importance of regulating technology to address economic challenges. Overall, the article shows that legal experts have valuable insights to offer in shaping economic policies for inclusive prosperity.