Section Law & Economics
Using empirical and experimental methods, the law & economics section analyzes how legal institutions work and how they can be improved.
Innovation
Intellectual property laws provide extensive legal institutions to incentivize creativity and innovation. The extent to which these institutions achieve these goals depends on many industry-specific factors and technological developments. The law & economics section seeks to understand the relationship between intellectual property institutions and innovative behavior, in particular, emerging technologies.
Law, Economics & Business
The law & economics section conducts lab, Internet, and field experiments with the goal of designing and improving legal institutions. A special emphasis is explore the effects of new technologies on legal policy, regulation, and private ordering.
Law, Economics & Data Science
The law & economics section conducts empirical work on laws and institutions. It studies the social impact of legal texts through the combination of methods from natural language processing, machine learning, and microeconometrics.
Methodological Approaches
The law & economics section applies a wide range of current social science research methods to legal questions. These methods include formal models, large-scale statistical studies, and experiments in the lab and field. By adopting these techniques, the law & economics section participates in the wider social science research on the relationship between human behavior and institutions.
Professorships in the "Law & Economics" section
- Law, Economics and Data Science
Prof. Dr. Elliott Ash
- Intellectual Property
Prof. Dr. Stefan Bechtold - Law, Economics and Business
Prof. Dr. Alexander Stremitzer
Further information about the Center for Law and Economics