kaal:claim:2267560-012

Rules can be adaptable only if the institutions and rulemaking processes that produce them integrate dynamic elements that generate timely, relevant, and decentralized information for rulemaking.

Source quote, verbatim

Rules can be adaptable if institutions and rulemaking processes integrate dynamic elements that produce timely, relevant, and decentralized information for rulemaking.

From

Wulf A. Kaal, Evolution of Law Dynamic Regulation in a New Institutional Economics Framework (2013), II.2 Feedback Effects, p. 5
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

conditionsupport: argueddecentralizationdynamic-regulationinstitutional-design

Related claims

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extended_by kaal:claim:2808132-031 Unrestricted exchange of information between public and private rulemakers creates regulatory synergies that i...
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generalizes kaal:claim:2957645-026 Contingent capital securities optimize information for rulemaking because, when issued and triggered, they pro...

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