# kaal:claim:kaal-2014-dynamicregulationviagove-004

**Claim.** Dynamic elements function as an economizing device: they address the scarcity of regulatory resources and lower the cost of rulemaking by curtailing the collective action problem in rulemaking, the resulting regulatory cycles, and trial and error rulemaking.

**Type.** mechanism  **Support.** argued

**Source quote.**

> Dynamic elements in the regula- tory infrastructure can be conceptualized as an economizing device that addresses the scarcity of regulatory resources and lowers the cost of rule- making by curtailing the effects of a classic collective action problem in rule- making, resulting regulatory cycles

**From.** Kaal, *Dynamic Regulation via Governmental Contracts* (2014), II. Dynamic Regulation, page 8

**Cite as.** Kaal, Dynamic Regulation via Governmental Contracts (2014)

**Verify.** sha256 of source PDF `7320aec036ccf2f6739f0854ea8749903e8902e77c2ec39543b64b358459c408` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202014%20-%20Dynamic%20Regulation%20via%20Governmental%20Contracts.pdf

**Topics.** economics, institutional-design

**Keywords.** regulatory-economics, collective-action, regulatory-cycles, transaction-costs

**Related claims.**

- extends: https://wulfkaal.github.io/claims/2273857-020
- extends: https://wulfkaal.github.io/claims/2273857-022
- extends: https://wulfkaal.github.io/claims/2273857-023

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