kaal:claim:2267560-028

The feedback process between public and private rulemakers increases the availability, timeliness, and quality of information available to the public rulemaker, which induces and supports a learning process and creates incentives for that learning.

Source quote, verbatim

The feedback process between public and private rulemakers increases the availability, timeliness, and quality of information available to the public rulemaker. This induces and supports the learning process for the public rulemaker.

From

Wulf A. Kaal, Evolution of Law Dynamic Regulation in a New Institutional Economics Framework (2013), III.2 Private vs. Public Rulemaking, p. 9
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...

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