kaal:claim:2740477-002

Under exponential disruptive innovation the information rulemakers need arrives too late for trial and error rulemaking to be effective, regulatory issues grow more complex, and unknown future contingencies in the rulemaking process increase substantially.

relevant information for rulemaking is less likely to materialize soon enough for traditional trial-and-error rulemaking to be effective, regulatory issues become increasingly complex, and unknown future contingencies increase substantially in the rulemaking process.

Wulf A. Kaal, Erik P.M. Vermeulen, Venture Capital as Dynamic Regulation of Disruptive Innovation (2016), I. Introduction, p. 6
https://ssrn.com/abstract=2740477 · source PDF

Wulf A. Kaal, Erik P.M. Vermeulen, Venture Capital as Dynamic Regulation of Disruptive Innovation (2016). SSRN: https://ssrn.com/abstract=2740477

• exponential rates of disruptive innovation

failuresupport: arguedfailure: Information lag in rulemakingfamily: regulatory-lagdynamic-regulationregulatory-failure

• restated_by kaal:claim:2808132-003 In an environment of exponential disruptive innovation, the information rulemakers need is less likely to mate...
• supports kaal:claim:kaal-2014-dynamicregulationviagove-019 Trial and error rulemaking could become obsolete if dynamic elements in rulemaking processes systematically an...
• extended_by kaal:claim:2957645-005 Because the pace of innovation continues to accelerate, future contingencies in rulemaking are likely to grow ...
• restated_by kaal:claim:2808132-002 Ex post facts-based, trial-and-error rulemaking combined with stable and presumptively optimal rules often pro...

The quote above is an exact substring of the source PDF, whose sha256 is c72871b76fa2ad5a8a69ee8d3defc8f64e624be9052ce763e79cf6c58883f726. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/33a16d4336b8ae26...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2740477-002.md | sha256sum