kaal:claim:2267560-008

Supplementing the rulemaking process with dynamic elements increases the public rulemaker's ability to adapt public rules to unknown future states, and thereby curtails public trial-and-error rulemaking.

Source quote, verbatim

Supplementing the rulemaking process with dynamic elements expands the availability of relevant information and increases the public rulemaker's ability to adapt public rules to unknown future states.

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: argueddynamic-regulation

Related claims

extended_by kaal:claim:kaal-2014-dynamicregulationviagove-019 Trial and error rulemaking could become obsolete if dynamic elements in rulemaking processes systematically an...

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