# kaal:claim:2740477-031

**Claim.** 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.

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

**Source quote.**

> 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.

**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 25

**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, decentralization, institutional-design

**Keywords.** private-rulemaking, decentralized-information, feedback-effects, comparative-advantage

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/2831040-035
- restates: https://wulfkaal.github.io/claims/kaal-2014-dynamicregulationviagove-011
- restates: https://wulfkaal.github.io/claims/2267560-018
- restates: https://wulfkaal.github.io/claims/2267560-027
- extends: https://wulfkaal.github.io/claims/2267560-032
- extends: https://wulfkaal.github.io/claims/2267560-025
- extended_by: https://wulfkaal.github.io/claims/2808132-031
- extends: https://wulfkaal.github.io/claims/kaal-2014-dynamicregulationviagove-001

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