kaal:claim:4957318-025

Automatic adjustment mechanisms are pre established legislative components that let laws self update in response to changing circumstances, and their purpose is to counter policy drift, the divergence of policy from its original intent as conditions change.

By incorporating automatic adjustments, such as economic or social policy changes triggered by specific indicators, these mechanisms aim to address the issue of policy drift — the divergence of policy from its original intent due to changing conditions.

Wulf A. Kaal, The Future of Law - Dynamic Web3 Governance (2024), Other Remedies, Automatic Adjustment Mechanisms, p. 24
https://ssrn.com/abstract=4957318 · source PDF

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

• policy domains with observable triggering indicators such as inflation or unemployment

definitionalsupport: evidenceddynamic-regulation

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