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Professional Licensing and Self-regulation in Europe and China: A Law and Economics Perspective

In: Competition Policy and Regulation

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  • Niels Philipsen

Abstract

This unique book considers competition policy and regulation in light of the recent introduction of the anti-monopoly law in China. It addresses the relevance of competition policy for China from a broad theoretical and practical perspective, bringing together lawyers and economists from China, Europe and the US to provide an integrated law and economics approach.

Suggested Citation

  • Niels Philipsen, 2011. "Professional Licensing and Self-regulation in Europe and China: A Law and Economics Perspective," Chapters, in: Michael Faure & Xinzhu Zhang (ed.), Competition Policy and Regulation, chapter 9, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13912_9
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    File URL: https://www.elgaronline.com/view/9781849800754.00019.xml
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    References listed on IDEAS

    as
    1. Thomas Eger & Michael Faure & Zhang Naigen (ed.), 2007. "Economic Analysis of Law in China," Books, Edward Elgar Publishing, number 12554.
    2. George J. Stigler, 1971. "The Theory of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 3-21, Spring.
    3. Leland, Hayne E, 1979. "Quacks, Lemons, and Licensing: A Theory of Minimum Quality Standards," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1328-1346, December.
    4. Avner Shared & John Sutton, 1981. "The Self-Regulating Profession," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 48(2), pages 217-234.
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    7. Donabedian, Bairj, 1991. "The economic rationales of CPA licensing," Journal of Accounting and Public Policy, Elsevier, vol. 10(2), pages 85-103.
    8. Gehrig, Thomas & Jost, Peter-J, 1995. "Quacks, Lemons, and Self Regulation: A Welfare Analysis," Journal of Regulatory Economics, Springer, vol. 7(3), pages 309-325, May.
    9. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
    10. James C. Miller III, 1985. "The FTC and Voluntary Standards: Maximizing the Net Benefits of Self-Regulation," Cato Journal, Cato Journal, Cato Institute, vol. 4(3), pages 897-903, Winter.
    11. Dingwall, Robert & Fenn, Paul, 1987. ""A respectable profession"? Sociological and economic perspectives on the regulation of professional services," International Review of Law and Economics, Elsevier, vol. 7(1), pages 51-64, June.
    12. Niels J. Philipsen, 2007. "The Law and Economics of Professional Regulation: What Does the Theory Teach China?," Chapters, in: Thomas Eger & Michael Faure & Zhang Naigen (ed.), Economic Analysis of Law in China, chapter 5, Edward Elgar Publishing.
    13. Pagliero, Mario, 2011. "What is the objective of professional licensing? Evidence from the US market for lawyers," International Journal of Industrial Organization, Elsevier, vol. 29(4), pages 473-483, July.
    14. Carl Shapiro, 1986. "Investment, Moral Hazard, and Occupational Licensing," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 53(5), pages 843-862.
    15. Milton Friedman & Simon Kuznets, 1945. "Income from Independent Professional Practice," NBER Books, National Bureau of Economic Research, Inc, number frie54-1.
    16. Leffler, Keith B, 1978. "Physician Licensure: Competition and Monopoly in American Medicine," Journal of Law and Economics, University of Chicago Press, vol. 21(1), pages 165-186, April.
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