kaal:claim:2957645-011

Feedback effects change the timing of regulatory information: instead of acquiring necessary information only after rules have already proven suboptimal, they increase the availability of relevant information ex ante and support anticipation of necessary revisions.

Rather than acquiring necessary information after rules have emerged as suboptimal, feedback effects help increase the availability of relevant information for rulemaking ex ante and anticipate necessary revisions

Kaal, Dynamic Regulation via Contingent Capital (2017), II. Dynamic Regulation, p. 9
https://ssrn.com/abstract=2957645 · source PDF

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

• an informational exchange process between regulated entities and rulemakers is in place

mechanismsupport: arguedinstitutional-designdynamic-regulation

• restates kaal:claim:kaal-2014-dynamicregulationviagove-014 Feedback effects allow the necessary information to be acquired ex ante and necessary revisions to be anticipa...
• generalizes kaal:claim:3441904-034 Feedback effects in decentralized systems raise the availability of relevant information for governance rules ...
• restates kaal:claim:2267560-016 Because feedback effects increase the availability of relevant, decentralized, and timely information, rulemak...
• restates kaal:claim:2740477-029 Dynamic regulatory tools let rulemakers adapt to regulatory contingencies as they arise, because feedback effe...
• extends kaal:claim:2267560-006 Trial-and-error rulemaking is suboptimal because participating actors acquire the necessary information ex-pos...
• restates kaal:claim:2808132-033 Dynamic regulatory tools lower unforeseen contingencies in rulemaking because the feedback effect supplies rel...

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