kaal:claim:2808132-003

In an environment of exponential disruptive innovation, the information rulemakers need is less likely to materialize soon enough for traditional rulemaking to be effective, regulatory issues become more complex, and unknown future contingencies increase substantially.

environment of exponential disruptive innovation, relevant information for rulemaking is less likely to materialize soon enough for traditional rulemaking to be effective, regulatory issues become increasingly complex, and unknown future contingencies

Wulf A. Kaal, Erik P.M. Vermeulen, How to Regulate Disruptive Innovation - From Facts to Data (2016), I. Introduction, p. 6
https://ssrn.com/abstract=2808132 · source PDF

Wulf A. Kaal, Erik P.M. Vermeulen, How to Regulate Disruptive Innovation - From Facts to Data (2016). SSRN: https://ssrn.com/abstract=2808132

• exponential rather than incremental innovation
• traditional information-dependent rulemaking processes

failuresupport: arguedfailure: Information timing gap in rulemakingfamily: regulatory-lagregulatory-failureinnovationdynamic-regulation

• restates kaal:claim:2740477-002 Under exponential disruptive innovation the information rulemakers need arrives too late for trial and error r...
• extended_by kaal:claim:2957645-004 The existing regulatory infrastructure, resting on stable and presumptively optimal rules, is largely incapabl...
• extended_by kaal:claim:2957645-005 Because the pace of innovation continues to accelerate, future contingencies in rulemaking are likely to grow ...
• extended_by kaal:claim:2831040-010 An existing regulatory infrastructure built on stable and presumptively optimal rules is largely incapable of ...

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