kaal:claim:2808132-024

Because it lacks anticipatory capabilities, the existing regulatory system only addresses regulatory issues ex post, and then only if core constituents are burdened enough to generate sufficient political pressure for lawmakers to act.

associated with disruptive innovation. Because it lacks anticipatory rulemaking capabilities, the existing regulatory system addresses regulatory issues only ex-post, if and when they materialize and if core constituents are sufficiently burdened to precipitate

Wulf A. Kaal, Erik P.M. Vermeulen, How to Regulate Disruptive Innovation - From Facts to Data (2016), III.4 Unknown Future Contingencies, p. 21
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

• existing regulatory infrastructure built on stable and presumptively optimal rules

mechanismsupport: arguedfailure: Political pressure trigger requirementfamily: regulatory-lagdynamic-regulationregulatory-failure

• restates kaal:claim:2740477-022 Because it lacks anticipatory rulemaking capability, the existing regulatory system addresses issues only ex p...

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