# kaal:claim:2273857-066

**Claim.** 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.

**Type.** design  **Support.** argued

**Holds when.**

- mixed regime combining mandatory and private mechanisms

**Source quote.**

> 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, page 31

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

**Verify.** sha256 of source PDF `e7cb3dea40593135acc99a9b00690138fe01020514ebf388f5140e1b0e59e82a` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202013%20-%20Dynamic%20Regulation%20of%20the%20Financial%20Services%20Industry.pdf

**Topics.** risk-and-incentives

**Keywords.** private-ordering, mandatory-rules, adaptive-capability, regulatory-cycles

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