kaal:claim:2831040-008

Rulemakers rely almost exclusively on stable and presumptively optimal rules meant to be permanent solutions, and that reliance ignores the ever changing rule environment driven by exponential growth in technology and innovation.

Source quote, verbatim
created to attain permanent solutions for perceived regulatory issues (Kaal 2014b) ignores the ever-changing environment for rules driven by the exponential growth of technology and the associated exponential growth of innovation
From

Wulf A. Kaal, Dynamic Regulation for Innovation (2016), II. Law's Diminishing Capacity to React to Innovation, p. 10
https://ssrn.com/abstract=2831040 · source PDF

Cite as

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

Classification

failuresupport: arguedfailure: stable rule biasfamily: rule-obsolescence-and-ossificationinnovationdynamic-regulation

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