# kaal:claim:2267560-034

**Claim.** Contractual incompleteness can be lowered through dynamic processes within the rulemaking process, because dynamic elements improve the availability, timeliness, and quality of information via the feedback process.

**Type.** mechanism  **Support.** argued

**Source quote.**

> This paper suggests that contractual incompleteness can be lowered through dynamic processes within the rulemaking process in the incomplete contract model. Through the feedback process, dynamic elements help to improve the availability, timeliness, and quality of information.

**From.** Wulf A. Kaal, *Evolution of Law Dynamic Regulation in a New Institutional Economics Framework* (2013), IV. Dynamic Regulation in the Incomplete Contract Model, page 10

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

**Verify.** sha256 of source PDF `7ecc9dd1826121a95bf252476cdaa1c8737ad8079e12caf66c4342ffae7af8af` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202013%20-%20Evolution%20of%20Law%20Dynamic%20Regulation%20in%20a%20New%20Institutional%20Economics%20Framework.pdf

**Topics.** dynamic-regulation, institutional-design

**Keywords.** incomplete-contracts, dynamic-regulation, feedback-effects, information-quality

**Related claims.**

- generalizes: https://wulfkaal.github.io/claims/kaal-2014-dynamicregulationviagove-031
- restated_by: https://wulfkaal.github.io/claims/kaal-2014-dynamicregulationviagove-012

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.