{
 "@context": "https://schema.org",
 "@type": "DefinedTerm",
 "@id": "https://wulfkaal.github.io/entities/shock-conditions",
 "identifier": "kaal:entity:shock-conditions",
 "name": "Shock conditions",
 "termCode": "shock-conditions",
 "inDefinedTermSet": {
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 },
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
 "dateModified": "2026-07-29",
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   "value": [
    "2013",
    "2013"
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 "subjectOf": [
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2273857-016",
   "identifier": "kaal:claim:2273857-016",
   "text": "The aftermath of a financial crisis creates shock conditions that constitute a suboptimal environment for rulemaking.",
   "abstract": "The aftermath of financial crises creates suboptimal conditions (shock conditions) for rulemaking.",
   "citation": "Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013). SSRN: https://ssrn.com/abstract=2273857",
   "datePublished": "2013",
   "claim_type": "failure",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "period immediately following a financial crisis"
   ],
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   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2273857-017",
   "identifier": "kaal:claim:2273857-017",
   "text": "Post-crisis rulemaking occurs in an economic, political, and legal environment whose sense of urgency prevents a full evaluation of the consequences of new rules for all affected constituencies.",
   "abstract": "Rulemaking takes place in an economic, political, and legal environment that creates a sense of urgency for rulemaking and may not permit a full evaluation of the possible consequences for all constituencies.",
   "citation": "Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013). SSRN: https://ssrn.com/abstract=2273857",
   "datePublished": "2013",
   "claim_type": "mechanism",
   "confidence": "argued",
   "is_failure_mode": false,
   "scope_conditions": [
    "rulemaking under post-crisis urgency"
   ],
   "source_pdf_sha256": "e7cb3dea40593135acc99a9b00690138fe01020514ebf388f5140e1b0e59e82a",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2273857-018",
   "identifier": "kaal:claim:2273857-018",
   "text": "The shock conditions that trigger calls for rulemaking have typically not been analyzed or absorbed systematically, so rulemaking under those conditions is associated with high levels of incomplete information.",
   "abstract": "Shock conditions that call for rulemaking often have not been appropriately analyzed and absorbed in a systematic fashion and are, thus, often associated with high levels of incomplete information.",
   "citation": "Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013). SSRN: https://ssrn.com/abstract=2273857",
   "datePublished": "2013",
   "claim_type": "mechanism",
   "confidence": "argued",
   "is_failure_mode": false,
   "scope_conditions": [
    "rulemaking triggered by an unabsorbed shock"
   ],
   "source_pdf_sha256": "e7cb3dea40593135acc99a9b00690138fe01020514ebf388f5140e1b0e59e82a",
   "status": "current"
  }
 ],
 "description": "3 claims in the published works of Wulf A. Kaal carry the concept tag 'shock-conditions'. Derived node: a roster, not an adjudicated definition."
}