# kaal:claim:2267560-049

**Claim.** Because dynamic regulation supplies information ex-ante via a feedback process before rules are finalized, certainty for involved parties is not affected ex-post after rules become effective, so contractual incompleteness is lowered while certainty in rulemaking is maintained.

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

**Source quote.**

> Because the information is provided ex-ante via a feedback process, the certainty for all involved parties is not affected ex-post after rules became effective.

**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.** law-and-legal-systems, dynamic-regulation

**Keywords.** legal-certainty, ex-ante-information, incomplete-contracts, dynamic-regulation

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/2831040-034

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