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Rethinking Professional Regulation

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  • Christian Seibert

Abstract

Market forces could deliver improved outcomes in the case of professional regulation by removing the monopoly status of professional regulators. A framework of competitive regulation could involve multiple professional regulatory bodies regulating a profession and would maintain quality standards whilst lowering fees for professional services.

Suggested Citation

  • Christian Seibert, 2007. "Rethinking Professional Regulation," Economic Affairs, Wiley Blackwell, vol. 27(4), pages 77-80, December.
    • Handle: RePEc:bla:ecaffa:v:27:y:2007:i:4:p:77-80
    DOI: 10.1111/j.1468-0270.2007.00786.x
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    References listed on IDEAS

    as
    1. Milton Friedman & Simon Kuznets, 1945. "Income from Independent Professional Practice," NBER Books, National Bureau of Economic Research, Inc, number frie54-1, May.
    2. Kleiner, Morris M & Kudrle, Robert T, 2000. "Does Regulation Affect Economic Outcomes? The Case of Dentistry," Journal of Law and Economics, University of Chicago Press, vol. 43(2), pages 547-582, October.
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