kaal:claim:2267560-007

The feedback effect between different public rulemakers and between private and public rulemakers reduces incomplete information, which in turn enables the rulemaker to modify the next action in the rulemaking process.

Source quote, verbatim

The feedback effect increases the availability of relevant information for rulemaking. At the same time, the reduction of incomplete information in the rulemaking process enables the rulemaker to modify the next action in the rulemaking process.

From

Wulf A. Kaal, Evolution of Law Dynamic Regulation in a New Institutional Economics Framework (2013), II.1 Dynamic Regulation in the NIE Framework, p. 4
https://ssrn.com/abstract=2267560 · source PDF

Cite as

Wulf A. Kaal, Evolution of Law Dynamic Regulation in a New Institutional Economics Framework (2013). SSRN: https://ssrn.com/abstract=2267560

Classification

mechanismsupport: arguedinstitutional-designdynamic-regulation

Related claims

restated_by kaal:claim:kaal-2014-dynamicregulationviagove-012 Interaction and exchange of emerging information between public and private rulemakers creates a feedback proc...
restated_by kaal:claim:2808132-031 Unrestricted exchange of information between public and private rulemakers creates regulatory synergies that i...

Verify

The quote above is an exact substring of the source PDF, whose sha256 is 7ecc9dd1826121a95bf252476cdaa1c8737ad8079e12caf66c4342ffae7af8af. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/9c70956acaabcd5d...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2267560-007.md | sha256sum