# kaal:claim:617681-022

**Claim.** With an unbundled product more Member States might participate in regulatory competition over corporate law, which would speed up the learning process and likely result in better substantive corporate law.

**Type.** predictive  **Support.** argued

**Holds when.**

- New Institutional Economics framework in which experimentation drives learning

**Source quote.**

> With the unbundled product, more member states thus might participate in regulatory competition over corporate law, which would speed up the learning process76 and likely result in better substantive corporate law.

**From.** Christian Kirchner, Richard W. Painter, Wulf A. Kaal, *Regulatory Competition in EU Corporate Law after Inspire Art Unbundling Delaware's Product for Euro* (2004), D.I.4 Costs of Building a Judicial System for Export, page 28

**Cite as.** Christian Kirchner, Richard W. Painter, Wulf A. Kaal, Regulatory Competition in EU Corporate Law after Inspire Art Unbundling Delaware's Product for Euro (2004). SSRN: https://ssrn.com/abstract=617681

**Verify.** sha256 of source PDF `e142130507ea2f5b025fd97b3f762d44ee3a7aaa82b155aab63434b85e8fd834` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kirchner%20et%20al.%20-%202004%20-%20Regulatory%20Competition%20in%20EU%20Corporate%20Law%20after%20Inspire%20Art%20Unbundling%20Delaware%27s%20Product%20for%20Euro.pdf

**Topics.** economics, institutional-design

**Keywords.** learning-process, experimentation, unbundling, new-institutional-economics

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.