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.
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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.
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