kaal:claim:5886442-030

Dynamic regulation is defined as an optimization process for the learning experience in the New Institutional Economics framework, operating through intra jurisdictional and inter jurisdictional feedback effects between public rulemakers and private actors.

Dynamic regulation is defined as "an optimization process for the learning experience in the NIE framework," involving intra- and inter-jurisdictional feedback effects between public rulemakers (e.g., regulators) and private actors (e.g., markets, firms

Wulf A. Kaal, The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory (2025), Dynamic Regulation in Kaal's NIE Framework, p. 32
https://ssrn.com/abstract=5886442 · source PDF

Wulf A. Kaal, The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory (2025). SSRN: https://ssrn.com/abstract=5886442

definitionalsupport: asserteddynamic-regulationeconomicsinstitutional-design

• restates kaal:claim:2267560-001 Dynamic regulation is an optimization process for the learning experience in the New Institutional Economics f...
• restates kaal:claim:2267560-021 Opportunities for integrating dynamic elements into the rulemaking process include intra-jurisdictional feedba...
• extends kaal:claim:2267560-029 Competition between legislators does not necessarily provide a feedback process in the sense of cooperation, b...
• extends kaal:claim:kaal-2014-dynamicregulationviagove-006 Under incomplete contract theory the rulemaking process is itself a learning process, and incomplete contracts...

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