kaal:claim:2831040-034

Dynamic regulatory tools lower unforeseen contingencies in innovation related rulemaking because their feedback effects supply relevant, timely, decentralized, and institution specific information ex ante, which also helps maintain certainty in the rulemaking process.

Source quote, verbatim

By increasing the availability of information ex-ante, dynamic regulatory tools help lower unforeseen contingencies in the rulemaking process pertaining to innovation. Improved information for rulemaking also helps maintaining certainty in the rulemaking process.

From

Wulf A. Kaal, Dynamic Regulation for Innovation (2016), IV.2 Optimizing Anticipatory Governance, p. 21
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: arguedlaw-and-legal-systemsdynamic-regulation

Related claims

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restates kaal:claim:2267560-049 Because dynamic regulation supplies information ex-ante via a feedback process before rules are finalized, cer...
restates kaal:claim:2740477-029 Dynamic regulatory tools let rulemakers adapt to regulatory contingencies as they arise, because feedback effe...

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