kaal:claim:kaal-2014-dynamicregulationviagove-011

Private rulemakers hold a comparative informational advantage over public rulemakers because they can produce and react to necessary, comparable, decentralized, and institution specific information that public rulemakers cannot readily obtain.

Source quote, verbatim
Private rule- makers often have a comparative advantage over public rulemakers because, unlike their public counterparts, they often can produce necessary, compara- ble, decentralized, and institution-specific information for rulemaking.
From

Kaal, Dynamic Regulation via Governmental Contracts (2014), II.2 Feedback Effects, p. 13
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Cite as

Kaal, Dynamic Regulation via Governmental Contracts (2014)

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mechanismsupport: argueddynamic-regulationdecentralization

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