kaal:claim:2834531-022

Time pressure produces two distinct fact failures: the facts about a new technology may simply not exist yet, or regulators may select the wrong, contested, or irrelevant facts as the basis of regulation.

The pressure of time means that the facts surrounding a piece of new technology or other innovation may not be there, or the regulators may simply select the "wrong" — or at least contested or otherwise irrelevant — facts as the basis of regulation.

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Regulation Tomorrow What Happens When Technology Is Faster Than the Law (2017), A. Facts Today, p. 17
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

• conditions of incessant and accelerating technological change

failuresupport: arguedfailure: wrong facts under time pressurefamily: regulatory-lagempirical-evidence

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