# kaal:claim:2808132-027

**Claim.** The current process of rule revisions, amendments, and repeals used to correct the inevitable shortcomings of stable rules is costly and time-consuming, and in the authors' estimation it cannot keep track of future innovations and their corresponding regulatory needs.

**Type.** failure  **Support.** argued

**Holds when.**

- existing regulatory framework relying on ex post rule revision
- accelerating pace of innovation

**Source quote.**

> important for rulemaking. The current process of rule revisions, amendments, and repeals to address inevitable shortcomings of stable rules is costly, time-consuming, and cannot, in our estimation, keep track of future innovations and corresponding regulatory needs.

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

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

**Verify.** sha256 of source PDF `3515f2317ed9c1d33ae55d70467cdf1f6c4e350065ea6a887d5d7619599ad7d2` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20and%20Vermeulen%20-%202016%20-%20How%20to%20Regulate%20Disruptive%20Innovation%20-%20From%20Facts%20to%20Data.pdf

**Failure mode.** Revision treadmill  (family: rule-obsolescence-and-ossification)

**Topics.** regulatory-failure, innovation

**Keywords.** rule-revision, regulatory-cost, regulatory-failure, innovation-pace

**Related claims.**

- restates: https://wulfkaal.github.io/claims/2740477-025

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