kaal:claim:2831040-028
Because dynamic regulation operates as a supplement inside the existing rulemaking framework, it does not require the costly implementation that a shift to principles based regulation would require.
Source quote, verbatim
regulatory supplement in the existing rulemaking framework, costly implementation would not be necessary, unlike in the case of principles-based regulation.
From
Wulf A. Kaal, Dynamic Regulation for Innovation (2016), IV.1 Remedying the Pacing Problem, p. 19
https://ssrn.com/abstract=2831040 · source PDF
Cite as
Wulf A. Kaal, Dynamic Regulation for Innovation (2016). SSRN: https://ssrn.com/abstract=2831040
Classification
mechanismsupport: argueddynamic-regulation
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