kaal:claim:2273857-066

A mixture of mandatory rules, market solutions, and private ordering would increase the adaptive capabilities of rulemaking, curtail the effects of the collective action problem of rulemaking, and dampen regulatory cycles.

Source quote, verbatim

A mixture of mandatory rules, market solutions, and private ordering could help increase the adaptive capabilities of rulemaking, curtail the effects of the collective action problem of rulemaking, and dampen regulatory cycles.

From

Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013), V. Conclusion, p. 31
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

mixed regime combining mandatory and private mechanisms

Classification

designsupport: arguedrisk-and-incentives

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