These goals have become within reach as the RILE enjoys the unique support of Erasmus University Rotterdam, which in 1998 vowed to sponsor Europe's first full Law and Economics-professorship, which is occupied by Professor Roger Van den Bergh, who at that time was the President of the European Association of Law and Economics' (EALE).
Together, they coordinate the research and teaching activities in Rotterdam and communicate with scholars in Law and Economics throughout the world. Currently, areas of study cover both Old Law and Economics (competition law and economic regulation) and New Law and Economics (constitutional law, contract law, tort law, insurance law and corporate law). Besides the analysis of rules of substantive law, attention is also paid to methodological problems of Law and Economics.
In its diverse fields of activities, the RILE's working languages span Dutch, English, French, German and Italian. The Institute's training programme first of all offers mandatory courses in the Law Faculty's regular Dutch curriculum, passing on the basics of the economic analysis of law throughout the undergraduate levels of young lawyers' initiation to their profession.
In addition, the RILE is involved in the European Master in Law and Economics (EMLE) programme, a conglomerate of 9 partner universities across Europe and the world, including the University of Aix-Marseille III, the university of Bologna, the University of Ghent, Hamburg University, Haifa University, the Indira Gandhi Institute of Development Research Mumbai, the University of Vienna and the University of Warsaw, in cooperation with the Law and Economics Center of the University of California at Berkeley. The EMLE Programme has been recognized by the European University Association (EUA) as a top ten Socrates-programme and was selected by the European Commission as an Erasmus Mundus masters course (see the website of the European Commission) and selected again for Erasmus Mundus II. Prof. Alessio Pacces is EMLE (Erasmus Mundus) Coordinator.
Furthermore, the RILE participates in the European Doctorate in Law and Economics (EDLE). The EDLE is offered by the Universities of Bologna, Hamburg and Rotterdam with the collaboration of the Indira Gandhi Institute of Development Research of Mumbai. EDLE is an excellence programme sponsored by the European Commission under the Erasmus Mundus scheme. It offers the unique opportunity to study Law and Economics on a PhD level in (at least) three different countries. The programme prepares economists and lawyers of high promise for an academic career in a research field of growing importance or for responsible positions in government, research organizations and international consulting groups. Prof. Michael Faure is the Managing Director of the programme.
Proliferating Law and Economics as part of the academic discourse is the RILE's second major assignment. Its members publish their scientific work in books and the leading journals of their respective specialisation. Also, the RILE organises and participates in a number of conferences and smaller-scale seminars on particular issues. Regular events consist of the European Association of Law and Economics' annual conferences, as well as the jointly organised meetings of the European Association of Law and Economics with the Geneva Association for the Study of Insurance Economics. Members of the RILE actively correspond and co-operate with a wide span of individual contacts, which is ameliorated by visiting scholars to the RILE from all over the world.