Despite their insufficient anticipatory capabilities and known downsides, stable and presumptively optimal rules remain the uniform response to perceived regulatory issues.
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amendments, and repeals to address such shortcomings. Despite its insufficient anticipatory capabilities and all the downsides that are associated with it, stable and presumptively optimal rules remain the uniform response to perceived regulatory issues.94
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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
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Wulf A. Kaal, Erik P.M. Vermeulen, How to Regulate Disruptive Innovation - From Facts to Data (2016). SSRN: https://ssrn.com/abstract=2808132
extended_bykaal:claim:2831040-036 Rules operate as a feedback effect on the rulemaking process itself: rules with suboptimal characteristics res...
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