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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

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    2. 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.
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    6. 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.
    7. 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.
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    9. 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.
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    11. 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.
    12. Milton Friedman & Simon Kuznets, 1945. "Income from Independent Professional Practice," NBER Books, National Bureau of Economic Research, Inc, number frie54-1, March.
    13. 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.
    14. 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.
    15. Donabedian, Bairj, 1991. "The economic rationales of CPA licensing," Journal of Accounting and Public Policy, Elsevier, vol. 10(2), pages 85-103.
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