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 "@id": "https://wulfkaal.github.io/entities/suboptimal-rules",
 "identifier": "kaal:entity:suboptimal-rules",
 "name": "Suboptimal rules",
 "termCode": "suboptimal-rules",
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 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
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 "subjectOf": [
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2267560-005",
   "identifier": "kaal:claim:2267560-005",
   "text": "Rulemaking conducted under conditions of incomplete information and bounded rationality produces suboptimal outcomes that require costly rule revisions, retractions, and additional rulemaking.",
   "abstract": "Rulemaking under conditions of incomplete information and bounded rationality can lead to suboptimal outcomes that may require rule revision and/or additional rulemaking.",
   "citation": "Wulf A. Kaal, Evolution of Law Dynamic Regulation in a New Institutional Economics Framework (2013). SSRN: https://ssrn.com/abstract=2267560",
   "datePublished": "2013",
   "claim_type": "failure",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "information is systematically incomplete",
    "actors are boundedly rational"
   ],
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   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2267560-009",
   "identifier": "kaal:claim:2267560-009",
   "text": "Rules with suboptimal characteristics are themselves the product of institutional arrangements and reinforce those suboptimal institutional arrangements and rulemaking processes, creating a self-perpetuating feedback loop.",
   "abstract": "Rules with suboptimal characteristics are the results of institutional arrangements and reinforce suboptimal institutional arrangements and rulemaking processes.",
   "citation": "Wulf A. Kaal, Evolution of Law Dynamic Regulation in a New Institutional Economics Framework (2013). SSRN: https://ssrn.com/abstract=2267560",
   "datePublished": "2013",
   "claim_type": "failure",
   "confidence": "argued",
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   "status": "current"
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2267560-011",
   "identifier": "kaal:claim:2267560-011",
   "text": "Rules that lack adaptability to future states of the world reinforce the very institutions and processes that produce suboptimal outcomes.",
   "abstract": "Rules that lack adaptability to future states of the world reinforce institutions and processes that produce suboptimal outcomes.",
   "citation": "Wulf A. Kaal, Evolution of Law Dynamic Regulation in a New Institutional Economics Framework (2013). SSRN: https://ssrn.com/abstract=2267560",
   "datePublished": "2013",
   "claim_type": "failure",
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 ],
 "description": "3 claims in the published works of Wulf A. Kaal carry the concept tag 'suboptimal-rules'. Derived node: a roster, not an adjudicated definition."
}