To examine the hypothesis that occupational licensure is primarily a restrictive device to protect those licensed from competition, analysis focused on the licensure of non-professional occupations in Rhode Island, Massachusetts, [...]
Empowered by the state legislatures and aligned with the profession they oversee, dental licensing boards inhibit competition through restrictive licensing practices. In the manner of a cartel, most boards have [...]
This paper will focus special attention on the legal profession. The legal profession is granted special consideration because the practice of law, unlike the practice of dentistry or medicine, may [...]
These examples of three of the best known and oldest growth management systems illustrate that, at both the metropolitan and submetropolitan level, a general effect of such systems can be [...]
I consider markets with asymmetric information. As suggested by Akerlof, quality deterioration in such markets may take place. I show that this is a general phenomenon. Minimum quality constraints (or [...]
Occupational licensure can be approached within a framework of basic economics. The people of every country produce and consume diverse commodities and services. This mixed bag—the economy’s output—is produced by [...]
The human capital model is used as a framework for analysing the determinants of incomes of a sample of Canadian professions. The conventional earnings function is augmented by inclusion of [...]
One reason for excessive zoning restrictions is said to be the desire of existing residents to raise the value of their homes. This strategy will be more successful if their [...]
This paper investigates the impact of land-use zoning such as building-height and building-density restrictions on housing rent, land rent, the design parameters of a building, and population density in a [...]
This study is the first broad exploratory empirical investigation on the effect on the received quality of service from state licensed occupations. It sought to answer purely factual questions about [...]