kaal:claim:2273857-051

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

Source quote, verbatim

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

From

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

Cite as

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

Holds when

multiple jurisdictions available for parallel experimentation

Classification

conditionsupport: arguedeconomicslaw-and-legal-systemsdynamic-regulation

Related claims

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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