kaal:claim:2831040-036

Rules operate as a feedback effect on the rulemaking process itself: rules with suboptimal characteristics result from institutional arrangements and then reinforce those suboptimal arrangements, and stable presumptively optimal rules reinforce an institutional structure that perpetuates stability in rules.

Source quote, verbatim
Existing rules create a feedback effect for the rulemaking process itself. Rules with suboptimal characteristics are the results of institutional arrangements and reinforce suboptimal institutional arrangements and rulemaking processes.
From

Wulf A. Kaal, Dynamic Regulation for Innovation (2016), IV.2 Optimizing Anticipatory Governance (footnote 6), p. 20
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: arguedfailure: self reinforcing suboptimal rulemakingfamily: rule-obsolescence-and-ossificationinstitutional-designdynamic-regulation

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