# kaal:claim:2957645-004

**Claim.** The existing regulatory infrastructure, resting on stable and presumptively optimal rules, is largely incapable of addressing the unknown future contingencies associated with disruptive innovation.

**Type.** failure  **Support.** argued

**Holds when.**

- regulation confronting disruptive innovation
- reliance on stable and presumptively optimal rules

**Source quote.**

> Finally, the existing regulatory infrastructure, with stable and presumptively optimal rules, is largely incapable of addressing the unknown future contingencies associated with disruptive innovation.

**From.** Kaal, *Dynamic Regulation via Contingent Capital* (2017), I. Introduction, page 6

**Cite as.** Kaal, Dynamic Regulation via Contingent Capital (2017). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2957645

**Verify.** sha256 of source PDF `250b10782a5ea5dece9235a7f711aee408feaf36f2e78e310d589b5ee6304be2` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202017%20-%20Dynamic%20Regulation%20via%20Contingent%20Capital.pdf

**Failure mode.** Stable rules cannot absorb unknown future contingencies  (family: rule-obsolescence-and-ossification)

**Topics.** innovation, dynamic-regulation

**Keywords.** unknown-contingencies, stable-rules, disruptive-innovation, dynamic-regulation

**Related claims.**

- restates: https://wulfkaal.github.io/claims/2831040-010
- extends: https://wulfkaal.github.io/claims/2808132-003
- extends: https://wulfkaal.github.io/claims/2740477-017
- extends: https://wulfkaal.github.io/claims/2831040-008
- restates: https://wulfkaal.github.io/claims/2834531-005

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.