Insurance 4.0


Book Description

Industry 4.0 has spread globally since its inception in 2011, now encompassing many sectors, including its diffusion in the field of financial services. By combining information technology and automation, it is now canvassing the insurance sector, which is in dire need of digital transformation. This book presents a business model of Insurance 4.0 by detailing its implementation in processes, platforms, persons, and partnerships of the insurance companies alongside looking at future developments. Filled with business cases in insurance companies and financial services, this book will be of interest to those academics and researchers of insurance, financial technology, and digital transformation, alongside executives and managers of insurance companies.




The Law and Economics of Intellectual Property in the Digital Age


Book Description

This book explores the economic analysis of intellectual property law, with a special emphasis on the Law and Economics of informational goods in light of the past decade’s technological revolution. In recent years there has been massive growth in the Law and Economics literature focusing on intellectual property, on both normative and positive levels of analysis. The economic approach to intellectual property is often described as a monolithic, coherent approach that may differ only as it is applied to a particular case. Yet the growing literature of Law and Economics in intellectual property does not speak in one voice. The economic discourse used in legal scholarship and in policy-making encompasses several strands, each reflecting a fundamentally different approach to the economics of informational works, and each grounded in a different ideology or methodological paradigm. This book delineates the various economic approaches taken and analyzes their tenets. It maps the fundamental concepts and the theoretical foundation of current economic analysis of intellectual property law, in order to fully understand the ramifications of using economic analysis of law in policy making. In so doing, one begins to appreciate the limitations of the current frameworks in confronting the challenges of the information revolution. The book addresses the fundamental adjustments in the methodology and underlying assumptions that must be employed in order for the economic approach to remain a useful analytical framework for addressing IPR in the information age.




Three Essays on Torts


Book Description

This book of essays champions tort scholarship that puts judges at centre stage: what they do, how they understand their role, the heterogeneous reasons they give for their decisions, and their constitutional responsibility to identify and articulate the 'living' and 'evolving' common law. This is 'reflexive tort scholarship'. Reflexive tort scholars seek dialogue with Bench and Bar. Their approach is very different from the currently fashionable academic search for 'grand theories' that descriptively assert that tort law is fundamentally 'all about one thing', a unifying idea that alone explains and justifies the whole of tort law. This book illustrates the advantages and pay-offs of the reflexive style of scholarship by showing how it illuminates key features of tort law. The first essay contrasts the reflexive approach with the Grand Theory approach, while the second essay identifies a principle of tort law (the 'cooperative principle'), that is latent in the cases and that vindicates the value of collaborative human arrangements. Identifying this principle calls into question, in disputes between commercial parties, the reasoning used to support one of the most entrenched lines of authority in tort law - that based on the famous case of Hedley Byrne v Heller. The final essay deploys the reflexive method to argue that the iconic 'but-for' test of factual causation is inadequate and narrower than the concept actually utilized in the cases. Application of the method also prompts a reassessment of the 'scope of duty' concept and of the appropriate characterisation of the much-discussed decision in SAAMCO. These essays, based on the 2018 Clarendon Law Lectures given at Oxford University, clearly demonstrate the value of scholarship that 'takes the judges seriously'.




The Future of Law and Economics


Book Description

In a concise, compelling argument, one of the founders and most influential advocates of the law and economics movement divides the subject into two separate areas, which he identifies with Jeremy Bentham and John Stuart Mill. The first, Benthamite, strain, “economic analysis of law,” examines the legal system in the light of economic theory and shows how economics might render law more effective. The second strain, law and economics, gives equal status to law, and explores how the more realistic, less theoretical discipline of law can lead to improvements in economic theory. It is the latter approach that Judge Calabresi advocates, in a series of eloquent, thoughtful essays that will appeal to students and scholars alike.




Biofuels Production and Processing Technology


Book Description

The importance of biofuels in greening the transport sector in the future is unquestionable, given the limited available fossil energy resources, the environmental issues associated to the utilization of fossil fuels, and the increasing attention to security of supply. This comprehensive reference presents the latest technology in all aspects of biofuels production, processing, properties, raw materials, and related economic and environmental aspects. Presenting the application of methods and technology with minimum math and theory, it compiles a wide range of topics not usually covered in one single book. It discusses development of new catalysts, reactors, controllers, simulators, online analyzers, and waste minimization as well as design and operational aspects of processing units and financial and economic aspects. The book rounds out by describing properties, specifications, and quality of various biofuel products and new advances and trends towards future technology.




Cyber Warfare and Cyber Terrorism


Book Description

"This book reviews problems, issues, and presentations of the newest research in the field of cyberwarfare and cyberterrorism. While enormous efficiencies have been gained as a result of computers and telecommunications technologies, use of these systems and networks translates into a major concentration of information resources, createing a vulnerability to a host of attacks and exploitations"--Provided by publisher.




How to be Human-- Though an Economist


Book Description

A witty and thoughtful romp through the profession and practice of economics







The IT Revolution and its Impact on State, Constitutionalism and Public Law


Book Description

What is the future of constitutionalism, state and law in the new technological age? This edited collection explores the different aspects of the impact of information and technology revolution on state, constitutionalism and public law. Leading European scholars in the fields of constitutional, administrative, financial and EU law provide answers to fascinating conceptual questions including: - What are the challenges of information and technological revolution to sovereignty? - How will information and technology revolution impact democracy and the public sphere? - What are the disruptive effects of social media platforms on democratic will-formation processes and how can we regulate the democratic process in the digital age? - What are the main challenges to courts and administrations in the algorithmic society? - What is the impact of artificial intelligence on administrative law and social and health services? - What is the impact of information and technology revolution on data protection, privacy and human rights?




Why Don't We Defend Better?


Book Description

The wave of data breaches raises two pressing questions: Why don’t we defend our networks better? And, what practical incentives can we create to improve our defenses? Why Don't We Defend Better?: Data Breaches, Risk Management, and Public Policy answers those questions. It distinguishes three technical sources of data breaches corresponding to three types of vulnerabilities: software, human, and network. It discusses two risk management goals: business and consumer. The authors propose mandatory anonymous reporting of information as an essential step toward better defense, as well as a general reporting requirement. They also provide a systematic overview of data breach defense, combining technological and public policy considerations. Features Explains why data breach defense is currently often ineffective Shows how to respond to the increasing frequency of data breaches Combines the issues of technology, business and risk management, and legal liability Discusses the different issues faced by large versus small and medium-sized businesses (SMBs) Provides a practical framework in which public policy issues about data breaches can be effectively addressed