kaal:claim:kaal-2014-dynamicregulationviagove-002

Anticipatory dynamic elements in regulation reduce the need for costly and suboptimal ex post trial and error experimentation with stable and presumptively optimal rules.

Source quote, verbatim

Anticipatory dynamic elements in regulation can help minimize costly and suboptimal ex-post trial-and-error experimentation with stable and presump- tively optimal rules.

From

Kaal, Dynamic Regulation via Governmental Contracts (2014), I. Introduction, p. 7
· source PDF

Cite as

Kaal, Dynamic Regulation via Governmental Contracts (2014)

Holds when

dynamic elements are integrated into the existing rulemaking framework

Classification

mechanismsupport: argueddynamic-regulation

Related claims

restated_by kaal:claim:2957645-012 Anticipatory regulation, which uses institution-specific and timely information together with feedback effects...
restates kaal:claim:2267560-051 The combination of multiple feedback processes results in a sequence of mutually-reinforcing, information-enha...
supported_by kaal:claim:2740477-001 Ex post trial and error rulemaking built on stable and presumptively optimal rules produces suboptimal regulat...
supported_by kaal:claim:2808132-002 Ex post facts-based, trial-and-error rulemaking combined with stable and presumptively optimal rules often pro...

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