# kaal:claim:kaal-2014-dynamicregulationviagove-031

**Claim.** Feedback processes associated with governmental contracts lower contractual incompleteness, because they raise the availability, timeliness, and quality of information while lowering the cost of contracting.

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

**Source quote.**

> Feedback processes associated with governmental contracts can lower contractual incompleteness because the feedback processes increase the degree of availability, timeliness, and quality of information and lower the cost of contracting.

**From.** Kaal, *Dynamic Regulation via Governmental Contracts* (2014), IV.1 Improving Incomplete Contracting, page 25

**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.** institutional-design

**Keywords.** incomplete-contracts, feedback-effects, governmental-contracts, information-quality

**Related claims.**

- specializes: https://wulfkaal.github.io/claims/2267560-034
- specializes: https://wulfkaal.github.io/claims/2267560-041

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