# kaal:claim:2267560-048

**Claim.** The feedback process in dynamic regulation may be viewed as a focal point or principle for rulemaking, enabling rulemakers to provide for contingencies ex-ante and to adopt rules that are applicable and adaptable to future states of the world.

**Type.** design  **Support.** argued

**Source quote.**

> Dynamic regulation as a focal point or principle enables rulemakers to adapt to contingencies if and when they arise because the feedback effect provides relevant, timely, decentralized, and institution-specific information for rulemaking.

**From.** Wulf A. Kaal, *Evolution of Law Dynamic Regulation in a New Institutional Economics Framework* (2013), IV.2 Organizational Culture, page 13

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

**Keywords.** focal-point, organizational-culture, dynamic-regulation, adaptability

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/2808132-032

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