kaal:claim:2831040-006

The pacing problem is partly a byproduct of the goal of legal certainty: because regulation is designed to be a durable source of predictability, rulemaking driven by legal certainty cannot keep pace as innovation accelerates.

Source quote, verbatim

regulation is commonly perceived as a source of predictability and is meant to last; as innovation accelerates, rulemaking driven by legal certainty cannot keep pace

From

Wulf A. Kaal, Dynamic Regulation for Innovation (2016), II. Law's Diminishing Capacity to React to Innovation, p. 9
https://ssrn.com/abstract=2831040 · source PDF

Cite as

Wulf A. Kaal, Dynamic Regulation for Innovation (2016). SSRN: https://ssrn.com/abstract=2831040

Holds when

accelerating innovation

Classification

mechanismsupport: arguedfailure: legal certainty trapfamily: regulatory-laglaw-and-legal-systemsdynamic-regulation

Related claims

extends kaal:claim:2273857-009 Rulemakers discount or willingly accept unknown future contingencies and the inevitable need for later revisio...

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