# kaal:claim:1998455-026

**Claim.** Harmonization and coordination can facilitate experimentation and learning, but experimentation is most effective when several different approaches are tried simultaneously in different jurisdictions.

**Type.** design  **Support.** argued

**Holds when.**

- where multiple jurisdictions are free to adopt divergent rules

**Source quote.**

> Harmonization and coordination can help facilitate experimentation and a learning process, but experimentation is probably most effective when several different approaches can be tried simultaneously in dif- ferent jurisdictions.

**From.** Wulf A. Kaal, *Initial Reflections on the Possible Application of Contingent Capital in Corporate Governance* (2012), VI. Benefits of Experimentation, page 40

**Cite as.** Wulf A. Kaal, Initial Reflections on the Possible Application of Contingent Capital in Corporate Governance (2012). SSRN: https://ssrn.com/abstract=1998455

**Verify.** sha256 of source PDF `1c16ff10a284469ba15fb7ba5523449b917388ee692d9b394f9e8c094544e32c` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202012%20-%20Initial%20Reflections%20on%20the%20Possible%20Application%20of%20Contingent%20Capital%20in%20Corporate%20Governance.pdf

**Topics.** economics, law-and-legal-systems, institutional-design

**Keywords.** regulatory-experimentation, harmonization, jurisdictional-competition, new-institutional-economics, learning

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/2273857-051
- supported_by: https://wulfkaal.github.io/claims/2029983-006

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.