# Information deficit

`kaal:entity:information-deficit`

**Status.** derived

This node is assembled mechanically from the 4 claims that carry the concept tag `information-deficit`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

4 claims across 3 works, 2013 to 2017.

**2013**

- [2267560-025](https://wulfkaal.github.io/claims/2267560-025) [mechanism/argued] *(failure mode)* -- Public rulemakers rely on stable and presumptively optimal rules because they lack necessary, comparable, decentralized, and institution-specific information.
  > Public rulemakers rely on stable and presumptively optimal rules because they lack necessary, comparable, de-centralized, and institution-specific information.
  Wulf A. Kaal, Evolution of Law Dynamic Regulation in a New Institutional Economics Framework (2013). SSRN: https://ssrn.com/abstract=2267560
- [2267560-026](https://wulfkaal.github.io/claims/2267560-026) [failure/argued] *(failure mode)* -- Congressional studies do not remedy regulators' informational disadvantage because they mostly follow after Congress has already identified concerns and may not provide real-time relevant information before regulatory action is necessary.
  > However, these studies mostly follow after Congress identified particular concerns in the regulatory structure or in financial markets. These studies may not provide real-time and relevant information before regulatory action by public rule-makers is necessary.
  Wulf A. Kaal, Evolution of Law Dynamic Regulation in a New Institutional Economics Framework (2013). SSRN: https://ssrn.com/abstract=2267560

**2016**

- [2740477-014](https://wulfkaal.github.io/claims/2740477-014) [failure/argued] *(failure mode)* -- The current regulatory framework contains no mechanism that succinctly and anticipatorily informs rulemakers of beneficial innovative ideas, which is the specific informational gap the article proposes to fill.
  > The current regulatory framework lacks a mechanism that succinctly and anticipatorily informs rulemakers of beneficial innovative ideas.
  Wulf A. Kaal, Erik P.M. Vermeulen, Venture Capital as Dynamic Regulation of Disruptive Innovation (2016). SSRN: https://ssrn.com/abstract=2740477

**2017**

- [2834531-010](https://wulfkaal.github.io/claims/2834531-010) [failure/asserted] *(failure mode)* -- The current regulatory framework contains no mechanism that informs rulemakers of beneficial innovative ideas succinctly and in advance, so regulators learn about innovation only after the fact.
  > The current regulatory framework lacks a mechanism that succinctly and anticipatorily informs rulemakers of beneficial innovative ideas.
  Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Regulation Tomorrow What Happens When Technology Is Faster Than the Law (2017). SSRN: https://ssrn.com/abstract=2834531

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/information-deficit.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.