kaal:claim:2808132-032
Through feedback effects, rulemakers in a dynamic regulatory framework can adopt rules that are adaptable to future states of the world rather than fixed to current conditions.
Source quote, verbatim
effects.117 Existing rules can provide feedback effects for the rulemaking process itself. Through feedback effects, rulemakers in a dynamic regulatory framework can adopt rules that are adaptable to future states of the world.
From
Wulf A. Kaal, Erik P.M. Vermeulen, How to Regulate Disruptive Innovation - From Facts to Data (2016), IV. Dynamic Regulation as a Regulatory Supplement, p. 24
https://ssrn.com/abstract=2808132 · source PDF
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
Holds when
Classification
designsupport: arguedinstitutional-designdynamic-regulation
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