kaal:claim:2267560-052

Under dynamic regulation, ex-ante experimentation before the enactment of rules becomes the focal point of rulemaking, and anticipation of and adaptability to future contingencies become part of the rulemaking process.

Source quote, verbatim

Ex-ante experimentation (before the enactment of rules) becomes the focal point of rulemaking. The feedback effect improves the availability and quality of information for rulemaking ex-ante, helping to preempt suboptimal rules.

From

Wulf A. Kaal, Evolution of Law Dynamic Regulation in a New Institutional Economics Framework (2013), V. Conclusion, p. 14
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

designsupport: argueddynamic-regulation

Related claims

generalizes kaal:claim:kaal-2014-dynamicregulationviagove-037 Tailoring regulatory solutions to identified regulatory necessities through governmental contracts and then ob...

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