We see so many examples of regulations having directionally wrong effects...
That regulation is adversarial (largest regulated entities are savvy and often propose the regulations), has higher order and long term effects, this all makes it a hard domain, but also is well known in advance.
What's the current best practice for validating regulation have their intended effects in advance?
That regulation is adversarial (largest regulated entities are savvy and often propose the regulations), has higher order and long term effects, this all makes it a hard domain, but also is well known in advance.
What's the current best practice for validating regulation have their intended effects in advance?