Professor Diane Coyle (Cambridge, co-director of the Bennett Institute for Public Policy) will speak about what kind of economics is needed for a digital world. The discussion will be introduced by Matthias Klaes (University of Buckingham).
Abstract — Economics for the Digital Age
The digitalisation of the economy requires the discipline of economics to change. The challenges posed by new technology range from economic measurement, to applied fields such as competition analysis, to the theoretical foundations of methodological individualism and welfare economics. All of these challenges are rooted in the intangible, increasing returns and social character of the new technologies. This seminar will explore the challenges and sketch the outlines of economics for the digital age.