kaal:claim:2834531-015

Because regulators seek to avoid grounds for criticism, they inevitably adopt an overly cautious posture, which is what the precautionary principle amounts to in practice.

Avoiding grounds for criticism inevitably results in an overly cautious approach, called the "precautionary principle."

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. 15
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

mechanismsupport: arguedfailure: criticism avoidance drives precautionfamily: innovation-chillingrisk-and-incentivesinnovation

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