The Law and Economics of Privacy, Personal Data, Artificial Intelligence, and Incomplete Monitoring

This issue of Research in Law and Economics covers several areas of important research by a variety of international scholars. It contains theoretical papers on privacy, the protection of personal data, the use of regulatory monitoring under legal standards vs. rules, a study of the properties of market efficiency in securities fraud litigation, as well as an analysis of nonexclusionary price floors. It also contains an empirical paper on the relationship between uncertainty of patent approval of artificial intelligence applications and the Supreme Court's decision in Alice Corp. v. CLS Bank International. Finally, Volume 30 contains a law-and-economics assessment of the Chinese financial system within the context of the trade-off between centralized control and rapid growth.