kaal:claim:2831040-023

Early regulatory intervention is subject to massive information asymmetries and associated regulatory uncertainty because the early stage of an innovation often provides insufficient information about its possible risks and benefits.

Source quote, verbatim
early regulatory intervention in evolving innovative products/services etc. is subject to massive information asymmetries and associated regulatory uncertainty. The early stage of innovation often provides insufficient information on possible risks and benefits of the innovation.
From

Wulf A. Kaal, Dynamic Regulation for Innovation (2016), IV.1 Remedying the Pacing Problem, p. 17
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
Classification

failuresupport: arguedfailure: early stage information deficitfamily: regulatory-lagdisclosurerisk-and-incentives

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