kaal:claim:4957318-011

Sunset provisions likely increase rents extracted by interest groups and entrench current majoritarian preferences, and they can create planning problems for both public and private actors.

Source quote, verbatim
rather than genuine policy improvement. Sunset provisions also likely increase rents from interest groups, entrench current majoritarian preferences, which can at times produce planning conundrums for public and private actors.
From

Wulf A. Kaal, The Future of Law - Dynamic Web3 Governance (2024), Sunset Provisions, Critique, p. 15
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

failuresupport: evidencedfailure: sunset-rent-extractionfamily: regulatory-capture-and-incumbent-advantageinstitutional-design

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