# kaal:claim:kaal-2014-dynamicregulationviagove-006

**Claim.** Under incomplete contract theory the rulemaking process is itself a learning process, and incomplete contracts are the instrument that carries that learning.

**Type.** definitional  **Support.** asserted

**Source quote.**

> According to incomplete con- tract theory, the rulemaking process is a learning process facilitated by in- complete contracts17.

**From.** Kaal, *Dynamic Regulation via Governmental Contracts* (2014), II.1 Learning Process to Improve Regulatory Information, page 9

**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.** dynamic-regulation, economics, institutional-design

**Keywords.** incomplete-contracts, learning-process, rulemaking, new-institutional-economics

**Related claims.**

- generalizes: https://wulfkaal.github.io/claims/6269518-009
- extends: https://wulfkaal.github.io/claims/2267560-001
- extended_by: https://wulfkaal.github.io/claims/5886442-030

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