# kaal:claim:2831040-023

**Claim.** 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.

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

**Holds when.**

- early stage innovation

**Source quote.**

> 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, page 17

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

**Verify.** sha256 of source PDF `de5156f14f44a5753cab55b6c4b03049eda58a143b99e08ef427aee1d261e1bf` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202016%20-%20Dynamic%20Regulation%20for%20Innovation.pdf

**Failure mode.** early stage information deficit  (family: regulatory-lag)

**Topics.** disclosure, risk-and-incentives

**Keywords.** information-asymmetry, regulatory-uncertainty, early-intervention, risk-assessment

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