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People Aren’t Dumb. The World Is Hard.
January 6, 2019
You wouldn’t think you could win a Nobel Prize for showing that humans tend to make irrational decisions. But that’s what Richard Thaler has done. The founder of behavioral economics describes his unlikely route to success; his reputation for being lazy; and his efforts to fix the world — one nudge at a time. * * * Years ago, Richard Thaler became enthralled with a new line of research about decision-making by the psychologists...
January 6, 2019
You wouldn’t think you could win a Nobel Prize for showing that humans tend to make irrational decisions. But that’s what Richard Thaler has done. The founder of behavioral economics describes his unlikely route to success; his reputation for being lazy; and his efforts to fix the world — one nudge at a time. * * * Years ago, Richard Thaler became enthralled with a new line of research about decision-making by the psychologists...
Why you should treat the tech you use at work like a colleague
January 5, 2019
Imagine your company hires a new employee and then everyone just ignores them, day in and day out, while they sit alone at their desk getting paid to do nothing. This situation actually happens all the time -- when companies invest millions of dollars in new tech tools only to have frustrated employees disregard them, says Nadjia Yousif. In this fun and practical talk, she offers advice on how to better collaborate with the technologies in your workplace -- by treating them like colleagues.
January 5, 2019
Imagine your company hires a new employee and then everyone just ignores them, day in and day out, while they sit alone at their desk getting paid to do nothing. This situation actually happens all the time -- when companies invest millions of dollars in new tech tools only to have frustrated employees disregard them, says Nadjia Yousif. In this fun and practical talk, she offers advice on how to better collaborate with the technologies in your workplace -- by treating them like colleagues.
Should Antitrust Survive Behavioral Economics?
January 4, 2019
The accepted economic foundation of antitrust law is straightforward: The neoclassical market model shows that perfect competition among firms maximizes productive and allocative efficiencies and social welfare. This model rests on several assumptions, including — as in neoclassical economics more generally — the notion that consumers are rational actors whose decisions always maximize their utility. This model rests on several assumptions, including — as in neoclassical economics more generally...
January 4, 2019
The accepted economic foundation of antitrust law is straightforward: The neoclassical market model shows that perfect competition among firms maximizes productive and allocative efficiencies and social welfare. This model rests on several assumptions, including — as in neoclassical economics more generally — the notion that consumers are rational actors whose decisions always maximize their utility. This model rests on several assumptions, including — as in neoclassical economics more generally...
When and Why Defaults Influence Decisions: A Meta-Analysis of Default Effects
January 3, 2019
When people make decisions with a pre-selected choice option—a “default”—they are more likely to select that option. Because defaults are easy to implement, they constitute one of the most widely employed tools in the choice architecture toolbox. However, to decide when defaults should be used instead of other choice architecture tools, policy-makers must know how effective defaults are, and when and why their effectiveness varies. To answer these questions, we conduct a literature search...
January 3, 2019
When people make decisions with a pre-selected choice option—a “default”—they are more likely to select that option. Because defaults are easy to implement, they constitute one of the most widely employed tools in the choice architecture toolbox. However, to decide when defaults should be used instead of other choice architecture tools, policy-makers must know how effective defaults are, and when and why their effectiveness varies. To answer these questions, we conduct a literature search...
The Sound and Fury of Patent Activity
January 3, 2019
Patent reform is a hotly contested issue, occupying the attention of Congress, the Supreme Court, and many of the most innovative companies in the world. Most of that dispute centers on patent enforcement, and in particular on the role of non-practicing entities (NPEs) or “patent trolls” – companies that don’t themselves make products but sue those that do. To technology companies, NPEs are a drag on innovation, taxing them tens of billions of dollars every year while achieving no social...
January 3, 2019
Patent reform is a hotly contested issue, occupying the attention of Congress, the Supreme Court, and many of the most innovative companies in the world. Most of that dispute centers on patent enforcement, and in particular on the role of non-practicing entities (NPEs) or “patent trolls” – companies that don’t themselves make products but sue those that do. To technology companies, NPEs are a drag on innovation, taxing them tens of billions of dollars every year while achieving no social...
Legal Research Gets Smarter and More Comprehensive in 2018
January 1, 2019
3 Given that it started off with a “robot fight”between two AI-driven legal research products, you knew 2018 was going to be a momentous – and even pugilistic – year for legal research. Not only did research get smarter, thanks to a whole new generation of tools powered by AI and natural language processing, but it also got more expansive, thanks to a momentous project that put all U.S. case law online. On the pugilism front, it was a year in which legal research platforms introduced...
January 1, 2019
3 Given that it started off with a “robot fight”between two AI-driven legal research products, you knew 2018 was going to be a momentous – and even pugilistic – year for legal research. Not only did research get smarter, thanks to a whole new generation of tools powered by AI and natural language processing, but it also got more expansive, thanks to a momentous project that put all U.S. case law online. On the pugilism front, it was a year in which legal research platforms introduced...
The 20 Most Important Legal Technology Developments of 2018
January 1, 2019
For several years now, I’ve closed out the year with a round-up of the 10 most important legal developments (2016, 2015, 2014, 2013)....
January 1, 2019
For several years now, I’ve closed out the year with a round-up of the 10 most important legal developments (2016, 2015, 2014, 2013)....
Patents Per Year: 2018 takes No. 2 Spot
December 31, 2018
The also PTO continues to save the world from claims to pure information by asking applicants to limit information storage to non-transitory storage mechanisms.
December 31, 2018
The also PTO continues to save the world from claims to pure information by asking applicants to limit information storage to non-transitory storage mechanisms.
2018: Law Gets Liberated
December 31, 2018
Remarkably, the question has persisted: Can states or anyone else own copyright in public laws? This year, three separate...
December 31, 2018
Remarkably, the question has persisted: Can states or anyone else own copyright in public laws? This year, three separate...
New Survey finds most Americans would use a less expensive online alternative to hiring a lawyer
December 29, 2018
That's according to a recent survey of 2,000 adults conducted by Harris Poll. The survey found that the vast majority of respondents would prefer a cheaper, online alternative to hiring a lawyer for small legal matters. Legal Tech Newshas the story: Survey: 69 Percent of People Would Use Online Legal Services Over AttorneysThe survey found most Americans are willing to trade off a traditional lawyer experience for small legal matters if it saves them a few bucks. Respondents said...
December 29, 2018
That's according to a recent survey of 2,000 adults conducted by Harris Poll. The survey found that the vast majority of respondents would prefer a cheaper, online alternative to hiring a lawyer for small legal matters. Legal Tech Newshas the story: Survey: 69 Percent of People Would Use Online Legal Services Over AttorneysThe survey found most Americans are willing to trade off a traditional lawyer experience for small legal matters if it saves them a few bucks. Respondents said...
