kaal:claim:2834531-005

The time frame for rulemaking in the existing regulatory infrastructure is largely inadequate to address the regulatory challenges created by disruptive innovation.

The time frame for rulemaking in the existing regulatory infrastructure is largely inadequate to address regulatory challenges associated with disruptive innovation.

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Regulation Tomorrow What Happens When Technology Is Faster Than the Law (2017), III. THE FACTUAL BASIS OF MODERN REGULATION, p. 12
https://ssrn.com/abstract=2834531 · source PDF

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Regulation Tomorrow What Happens When Technology Is Faster Than the Law (2017). SSRN: https://ssrn.com/abstract=2834531

• notice and comment rulemaking in the existing regulatory infrastructure
• technologies developing at exponential rates

failuresupport: arguedfailure: rulemaking timeframe inadequacyfamily: regulatory-lagdynamic-regulationinnovation

• restates kaal:claim:2831040-001 The pacing problem arises from a two sided divergence: innovation driven by science and technology is accelera...
• restated_by kaal:claim:2957645-004 The existing regulatory infrastructure, resting on stable and presumptively optimal rules, is largely incapabl...

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