Occupational Licensing: A Warning
In a recent case (Gibson u. Berryhill 1973) the [Supreme] Court had the opportunity to review occupational licensing. In this case a group of licensed optometrists sought to prevent charges [...]
An Economic Analysis of Occupational Licensure
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, [...]
Licensing Restrictions and the Cost of Dental Care
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 [...]
Occupational Licensing and the Interstate Mobility of Professionals
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 [...]
Effects of an Urban Growth Management System on Land Values
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 [...]
Quacks, Lemons, and Licensing: A Theory of Minimum Quality Standards
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 and Regulation
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 [...]
Occupational licensing and professional incomes in Canada
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 [...]
Zoning and the Exercise of Monopoly Power: A Reevaluation
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 [...]
Equilibrium of a Residential City, Attributes of Housing, and Land-Use Zoning
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 [...]