# kaal:claim:2740477-028

**Claim.** Adaptive rulemaking reduces the collective action problem because with fewer stable rules, latent majority groups and dominant minority groups have fewer opportunities to influence a continuously and timely adapting rulemaking process.

**Type.** mechanism  **Support.** argued

**Holds when.**

- rulemaking uses institution specific, decentralized, and timely information
- fewer stable rules

**Source quote.**

> Adaptive rulemaking helps overcome the collective action problem of rulemaking because with fewer stable rules latent majority groups and dominant minority groups have fewer opportunities to influence the continuously and timely adapting rulemaking process.

**From.** Wulf A. Kaal, Erik P.M. Vermeulen, *Venture Capital as Dynamic Regulation of Disruptive Innovation* (2016), V. Dynamic Regulation as a Regulatory Supplement, page 24

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

**Verify.** sha256 of source PDF `c72871b76fa2ad5a8a69ee8d3defc8f64e624be9052ce763e79cf6c58883f726` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20and%20Vermeulen%20-%202016%20-%20Venture%20Capital%20as%20Dynamic%20Regulation%20of%20Disruptive%20Innovation.pdf

**Topics.** dynamic-regulation, institutional-design, regulatory-failure

**Keywords.** adaptive-rulemaking, collective-action, regulatory-capture, dynamic-regulation

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/2808132-029
- extends: https://wulfkaal.github.io/claims/2267560-037
- extends: https://wulfkaal.github.io/claims/2273857-021
- extends: https://wulfkaal.github.io/claims/2273857-053

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.