kaal:claim:2808132-018

Stable and presumptively optimal rules are created to address regulatory issues that lawmakers perceive through centralized information under then-existing economic and market conditions, and are drafted as permanent solutions to those perceived issues.

presumptively optimal rules.76 Such stable and presumptively optimal rules are created to address perceived regulatory issues identified by lawmakers through centralized information in the then-existing economic and market conditions. Stable and

Wulf A. Kaal, Erik P.M. Vermeulen, How to Regulate Disruptive Innovation - From Facts to Data (2016), III.2 Stable and Presumptively Optimal Rules, p. 18
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

• Congress, regulatory agencies, self-regulatory bodies, and the regulation literature

definitionalsupport: asserteddecentralizationdynamic-regulation

• restates kaal:claim:2267560-025 Public rulemakers rely on stable and presumptively optimal rules because they lack necessary, comparable, dece...
• extended_by kaal:claim:2831040-008 Rulemakers rely almost exclusively on stable and presumptively optimal rules meant to be permanent solutions, ...
• extended_by kaal:claim:3441904-029 Facts based, ex post, trial and error rulemaking with stable and presumptively optimal rules is incompatible w...

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