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Tracking the New Demand for Justice in the Big Data Ecosystem

Author

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  • Carmen Vargas Pérez

    (Department of Applied Economics, Public Economics and Political Economy, Complutense University of Madrid)

  • Juan Luis Peñaloza Figueroa

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.

Suggested Citation

  • Carmen Vargas Pérez & Juan Luis Peñaloza Figueroa, 2018. "Tracking the New Demand for Justice in the Big Data Ecosystem," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 4, January -.
    • Handle: RePEc:eur:ejesjr:220
    DOI: 10.26417/ejes.v10i1.p90-98
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