disclosure requirements that exist in these markets. We show that reducing the number of charlatans through regulation decreases … regulation, implying that the regulation we observe in these markets likely derives from producer interests. Using these insights …

During the Progressive Era at the beginning of the 20th century, the United States replaced litigation by regulation as … enforcement strategy between litigation and regulation based on the idea that justice can be subverted with sufficient expenditure … environment of significant inequality of wealth and political power. The switch to regulation can then be seen as an efficient …

consumer survey. We also use variation in regulation stringency across states and occupations to measure the effects of …

allowed. We extend the analysis to investigate some related issues, including (i) age-based pricing regulation (ii) exchange …

years of state commission regulation. Examples of an adaptive response pattern on the part of regulators, firms and …