# Private rulemaking `kaal:entity:private-rulemaking` **Status.** derived This node is assembled mechanically from the 8 claims that carry the concept tag `private-rulemaking`. 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 8 claims across 4 works, 2013 to 2016. **2013** - [2267560-018](https://wulfkaal.github.io/claims/2267560-018) [mechanism/argued] -- Private rulemakers have a comparative advantage over public rulemakers in the dynamic regulation framework because public rulemakers lack comparable access to timely and institution-specific information. > Private rulemakers in the dynamic regulation framework have a comparative advantage over public rulemakers who do not have comparable access to timely 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 - [2267560-027](https://wulfkaal.github.io/claims/2267560-027) [mechanism/argued] -- Private rulemakers can work with and utilize decentralized information continuously, which enables them to react in a timely fashion to emerging, decentralized, and institution-specific information, while public rulemakers are limited in the information they can obtain. > While public rulemakers are limited as to the information they can obtain to enact rules, private rulemakers can work with and utilize decentralized information continuously. Wulf A. Kaal, Evolution of Law Dynamic Regulation in a New Institutional Economics Framework (2013). SSRN: https://ssrn.com/abstract=2267560 - [2267560-028](https://wulfkaal.github.io/claims/2267560-028) [mechanism/argued] -- The feedback process between public and private rulemakers increases the availability, timeliness, and quality of information available to the public rulemaker, which induces and supports a learning process and creates incentives for that learning. > The feedback process between public and private rulemakers increases the availability, timeliness, and quality of information available to the public rulemaker. This induces and supports the learning process for the public rulemaker. Wulf A. Kaal, Evolution of Law Dynamic Regulation in a New Institutional Economics Framework (2013). SSRN: https://ssrn.com/abstract=2267560 - [2267560-050](https://wulfkaal.github.io/claims/2267560-050) [predictive/argued] -- The feedback effect in dynamic regulation, as part of the organizational culture of rulemaking, may allow cooperation and coordination not only among private actors but also among public rulemakers and between private and public rulemakers. > rulemaking may allow cooperation and coordination not only among private actors but also among public rulemakers and between private and public rulemakers. Wulf A. Kaal, Evolution of Law Dynamic Regulation in a New Institutional Economics Framework (2013). SSRN: https://ssrn.com/abstract=2267560 **2014** - [kaal-2014-dynamicregulationviagove-011](https://wulfkaal.github.io/claims/kaal-2014-dynamicregulationviagove-011) [mechanism/argued] -- 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. > 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. Kaal, Dynamic Regulation via Governmental Contracts (2014) - [kaal-2014-dynamicregulationviagove-012](https://wulfkaal.github.io/claims/kaal-2014-dynamicregulationviagove-012) [mechanism/argued] -- Interaction and exchange of emerging information between public and private rulemakers creates a feedback process that increases the availability, timeliness, and quality of information available to the public rulemaker. > Interaction between public rulemakers and private rulemakers, including the exchange of emerging information, creates a feed- back process between them that increases the availability, timeliness, and quality of information available to the public rulemaker. Kaal, Dynamic Regulation via Governmental Contracts (2014) **2016** - [2740477-031](https://wulfkaal.github.io/claims/2740477-031) [mechanism/argued] -- Private rulemakers hold a comparative advantage over public rulemakers because, unlike their public counterparts, they can produce the comparable, decentralized, and institution specific information that rulemaking requires. > Private rulemakers can have a comparative advantage over public rulemakers because, unlike their public counterparts, they often can produce necessary, comparable, decentralized, and institution-specific information for rulemaking. Wulf A. Kaal, Erik P.M. Vermeulen, Venture Capital as Dynamic Regulation of Disruptive Innovation (2016). SSRN: https://ssrn.com/abstract=2740477 - [2831040-035](https://wulfkaal.github.io/claims/2831040-035) [mechanism/argued] -- Private rulemakers hold a comparative advantage over public rulemakers because they often can produce and access necessary, comparable, decentralized, and institution specific information for rulemaking and can react more readily to emerging information. > Private rulemakers can have a comparative advantage over public rulemakers because, unlike their public counterparts, they often can produce necessary, comparable, decentralized, and institution-specific information for rulemaking. Wulf A. Kaal, Dynamic Regulation for Innovation (2016). SSRN: https://ssrn.com/abstract=2831040 ## 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/private-rulemaking.md | sha256sum **Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.