kaal:position:2026-07-31-7206
AI risk management – A law and economics perspective presents the following source proposition: This paper argues that such open risk management provisions require an economic framework in order to establish a coherent and innovation-friendly standard of care. This proposition is pertinent to Kaal's source-bound claim that Financial innovation, the globalization of markets, transnationalism, ethical challenges, and the bounded rationality of humans are likely to create and increase future challenges that require additional and more extensive governance adjustments. The proposed response is a qualification: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.
innovationrisk-and-incentiveshistorical-responsescholarly-literaturecrossref