Tracking the New Demand for Justice in the Big Data Ecosystem
Carmen Vargas Pérez and
Juan Luis Peñaloza Figueroa
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Carmen Vargas Pérez: Department of Applied Economics, Public Economics and Political Economy, Complutense University of Madrid, Spain
European Journal of Marketing and Economics Articles, 2023, vol. 6
Abstract:
Many studies have focused on the possibilities that organizations have to mine and analyze, through computational analytics, the huge amount of structured and unstructured data that is now available, to determine correlations and thus reveal patterns, trends, and associations to predict human behaviour; and to transform this information into knowledge for companies and governments. That is, just from the point of view of the suppliers of good and services. In this paper we contribute to the Law and Economics literature by showing that the logic of Big Data, the access to the cloud, and the use of Artificial Intelligence are drastically changing the ordinary citizen's way of making decisions in the field of justice; and that this new paradigm in the Demand for Justice will mean improvements in terms of both equity and efficiency, and ultimately an improvement in social welfare.
Keywords: Litigation; Justice; Legal; Courts; Law and Economics; Big Data; Ecosystem; Demand. (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eur:ejmejr:133
DOI: 10.26417/ejes.v10i1.p90-98
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