kaal:claim:2740477-018

If rulemakers cannot adequately protect their constituents through stable and presumptively optimal rules, then regulatory supplements that facilitate anticipatory rulemaking are justified.

Source quote, verbatim
making it increasingly less likely that rulemakers will be able to effectively protect the public via stable and presumptively optimal rules. If rulemakers cannot adequately protect their constituents, regulatory supplements facilitating anticipatory rulemaking may be justified.
From

Wulf A. Kaal, Erik P.M. Vermeulen, Venture Capital as Dynamic Regulation of Disruptive Innovation (2016), IV.2. Stable and Presumptively Optimal Rules, p. 20
https://ssrn.com/abstract=2740477 · source PDF

Cite as

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

Holds when
Classification

conditionsupport: arguedfailure: Governance adjustment overloadfamily: rule-obsolescence-and-ossificationdynamic-regulation

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