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
exponential growth of technology and innovation
rulemakers unable to protect constituents with stable rules
restated_bykaal:claim:2808132-019 Because rulemakers are increasingly unlikely to be able to protect the public through stable and presumptively...
extendskaal:claim:2273857-043 Dynamic regulation is the antithesis of static, stable, and presumptively optimal regulation, and it is intend...
Verify
The quote above is an exact substring of the source PDF, whose sha256 is c72871b76fa2ad5a8a69ee8d3defc8f64e624be9052ce763e79cf6c58883f726. Extraction method: pdf-text-layer. Attestation record: colloquium/attestations/8373004f61b5ad00...json Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2740477-018.md | sha256sum