kaal:claim:4957318-003

Codification is self defeating at scale: although a specific statute is individually cheaper to understand than a vague standard, the sheer volume of statutory law generates information costs that make the legal landscape more complex rather than simpler.

Source quote, verbatim
While a specific statute might appear easier and cheaper to understand than a vague standard, the sheer volume of new legislation creates significant "information costs."7 These costs arise from the need to navigate and interpret an ever-growing body of statutory law,
From

Wulf A. Kaal, The Future of Law - Dynamic Web3 Governance (2024), Growth of Law, p. 5
https://ssrn.com/abstract=4957318 · source PDF

Cite as

Wulf A. Kaal, The Future of Law - Dynamic Web3 Governance (2024). SSRN: https://ssrn.com/abstract=4957318

Holds when
Classification

mechanismsupport: evidencedlaw-and-legal-systems

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