kaal:claim:2267560-016
Because feedback effects increase the availability of relevant, decentralized, and timely information, rulemakers can predict unforeseen contingencies and adjust their actions ex-ante to avoid complex reforms and unwanted consequences.
Source quote, verbatim
Because the feedback effects in dynamic regulation allow rulemakers to increase the availability of relevant, decentralized, and timely information for rulemaking, rulemakers can predict unforeseen contingencies and adjust their actions ex-ante to avoid complex reforms.
From
Wulf A. Kaal, Evolution of Law Dynamic Regulation in a New Institutional Economics Framework (2013), II.3 Dynamic Regulation as Piecemeal Social Engineering, p. 7
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-design
Related claims
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/36ed826dc6b79a89...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2267560-016.md | sha256sum