kaal:claim:2740477-031

Private rulemakers hold a comparative advantage over public rulemakers because, unlike their public counterparts, they can produce the comparable, decentralized, and institution specific information that rulemaking requires.

Private rulemakers can have a comparative advantage over public rulemakers because, unlike their public counterparts, they often can produce necessary, comparable, decentralized, and institution-specific information for rulemaking.

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

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

mechanismsupport: argueddynamic-regulationdecentralizationinstitutional-design

• restated_by kaal:claim:2831040-035 Private rulemakers hold a comparative advantage over public rulemakers because they often can produce and acce...
• restates kaal:claim:kaal-2014-dynamicregulationviagove-011 Private rulemakers hold a comparative informational advantage over public rulemakers because they can produce ...
• restates kaal:claim:2267560-018 Private rulemakers have a comparative advantage over public rulemakers in the dynamic regulation framework bec...
• restates kaal:claim:2267560-027 Private rulemakers can work with and utilize decentralized information continuously, which enables them to rea...
• extends kaal:claim:2267560-032 Information exchange between agents of public rulemakers, such as regulators, will not necessarily involve dec...
• extends kaal:claim:2267560-025 Public rulemakers rely on stable and presumptively optimal rules because they lack necessary, comparable, dece...
• extended_by kaal:claim:2808132-031 Unrestricted exchange of information between public and private rulemakers creates regulatory synergies that i...
• extends kaal:claim:kaal-2014-dynamicregulationviagove-001 Dynamic regulation is a supplemental regulatory tool, not a replacement for existing rulemaking: it increases ...

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