Dynamic regulatory tools let rulemakers adapt to regulatory contingencies as they arise, because feedback effects deliver relevant, timely, decentralized, and institution specific information ex ante.
Source quote, verbatim
Dynamic regulatory tools as a regulatory supplement enable rulemakers to adapt to regulatory contingencies if and when they arise because feedback effect provides relevant, timely, decentralized, and institution-specific information ex-ante.
From
Wulf A. Kaal, Erik P.M. Vermeulen, Venture Capital as Dynamic Regulation of Disruptive Innovation (2016), V. Dynamic Regulation as a Regulatory Supplement, p. 25 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
feedback processes are in place within the regulatory framework
restated_bykaal:claim:2808132-033 Dynamic regulatory tools lower unforeseen contingencies in rulemaking because the feedback effect supplies rel...
restated_bykaal:claim:2831040-034 Dynamic regulatory tools lower unforeseen contingencies in innovation related rulemaking because their feedbac...
restateskaal:claim:2267560-046 Dynamic regulation helps rulemakers anticipate how institutions will react to circumstances as they arise, bec...
restateskaal:claim:2267560-016 Because feedback effects increase the availability of relevant, decentralized, and timely information, rulemak...
restated_bykaal:claim:2957645-011 Feedback effects change the timing of regulatory information: instead of acquiring necessary information only ...
generalizeskaal:claim:3441904-034 Feedback effects in decentralized systems raise the availability of relevant information for governance rules ...
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