kaal:claim:2273857-051

Experimentation with different combinations of regulatory approaches is effective when several different approaches can be tried simultaneously in different jurisdictions.

Experimentation with different combinations of regulatory approaches can be effective when several different approaches can be tried simultaneously in different jurisdictions.

Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013), III.1 Rulemaking with Dynamic Elements, p. 24
https://ssrn.com/abstract=2273857 · source PDF

Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013). SSRN: https://ssrn.com/abstract=2273857

• multiple jurisdictions available for parallel experimentation

conditionsupport: arguedeconomicslaw-and-legal-systemsdynamic-regulation

• restates kaal:claim:1998455-026 Harmonization and coordination can facilitate experimentation and learning, but experimentation is most effect...
• extended_by kaal:claim:2834531-037 Regulatory experimentation matters within a single jurisdiction and not only across jurisdictions, because it ...
• extends kaal:claim:1998455-027 Where jurisdictions are not compelled to agree on the same rule, some jurisdiction will try a different rule, ...

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