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 "name": "Unknown contingencies",
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  "identifier": "https://orcid.org/0000-0003-0757-275X"
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2808132-003",
   "identifier": "kaal:claim:2808132-003",
   "text": "In an environment of exponential disruptive innovation, the information rulemakers need is less likely to materialize soon enough for traditional rulemaking to be effective, regulatory issues become more complex, and unknown future contingencies increase substantially.",
   "abstract": "environment of exponential disruptive innovation, relevant information for rulemaking is less likely to materialize soon enough for traditional rulemaking to be effective, regulatory issues become increasingly complex, and unknown future contingencies",
   "citation": "Wulf A. Kaal, Erik P.M. Vermeulen, How to Regulate Disruptive Innovation - From Facts to Data (2016). SSRN: https://ssrn.com/abstract=2808132",
   "datePublished": "2016",
   "claim_type": "failure",
   "confidence": "argued",
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   "scope_conditions": [
    "exponential rather than incremental innovation",
    "traditional information-dependent rulemaking processes"
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   "@id": "https://wulfkaal.github.io/claims/2808132-024",
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   "text": "Because it lacks anticipatory capabilities, the existing regulatory system only addresses regulatory issues ex post, and then only if core constituents are burdened enough to generate sufficient political pressure for lawmakers to act.",
   "abstract": "associated with disruptive innovation. Because it lacks anticipatory rulemaking capabilities, the existing regulatory system addresses regulatory issues only ex-post, if and when they materialize and if core constituents are sufficiently burdened to precipitate",
   "citation": "Wulf A. Kaal, Erik P.M. Vermeulen, How to Regulate Disruptive Innovation - From Facts to Data (2016). SSRN: https://ssrn.com/abstract=2808132",
   "datePublished": "2016",
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   "text": "Dynamic regulatory tools lower unforeseen contingencies in rulemaking because the feedback effect supplies relevant, timely, decentralized, and institution-specific information ex ante, allowing rulemakers to adapt to contingencies as they arise.",
   "abstract": "because a feedback effect provides relevant, timely, decentralized, and institution-specific information ex-ante. By increasing the availability of information ex-ante, dynamic regulatory tools help lower unforeseen contingencies in the rulemaking process.",
   "citation": "Wulf A. Kaal, Erik P.M. Vermeulen, How to Regulate Disruptive Innovation - From Facts to Data (2016). SSRN: https://ssrn.com/abstract=2808132",
   "datePublished": "2016",
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2831040-010",
   "identifier": "kaal:claim:2831040-010",
   "text": "An existing regulatory infrastructure built on stable and presumptively optimal rules is largely incapable of addressing the ever increasing unknown future contingencies associated with disruptive innovation.",
   "abstract": "the existing regulatory infrastructure with stable and presumptively optimal rules is largely incapable of addressing the ever-increasing unknown future contingencies associated with disruptive innovation",
   "citation": "Wulf A. Kaal, Dynamic Regulation for Innovation (2016). SSRN: https://ssrn.com/abstract=2831040",
   "datePublished": "2016",
   "claim_type": "failure",
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   "@type": "Claim",
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   "identifier": "kaal:claim:2957645-004",
   "text": "The existing regulatory infrastructure, resting on stable and presumptively optimal rules, is largely incapable of addressing the unknown future contingencies associated with disruptive innovation.",
   "abstract": "Finally, the existing regulatory infrastructure, with stable and presumptively optimal rules, is largely incapable of addressing the unknown future contingencies associated with disruptive innovation.",
   "citation": "Kaal, Dynamic Regulation via Contingent Capital (2017). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2957645",
   "datePublished": "2017",
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