Oregon Law Review : Vol. 87 No. 2, p.482-580 : Government Intervention in Emerging Networked Technologies
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Date
2008
Authors
Lillquist, Erik
Waldeck, Sarah E.
Journal Title
Journal ISSN
Volume Title
Publisher
University of Oregon School of Law
Abstract
We begin in Part I by describing and modeling how merchants and
consumers decide whether to adopt and use a particular payment
technology and then introduce the complications of network effects
and multi-sided platforms. In Part II, we describe the various roles
that the government may assume vis-à-vis any new technology,
namely, legislator, fiduciary, or seller. Part III then discusses the
tools that the government has available to influence public
preferences. Part IV argues that despite the availability of these tools,
the government generally should not act to promote particular
technologies.
Description
52 p.