of charlatans through regulation lowers consumer surplus because of the resulting reduction in competition amongst …. Producers strictly benefit from this reduction, likely explaining the regulation we observe. We derive the factors that drive … the cross-sectional variation in charlatans (regulation) across professions …

of charlatans through regulation lowers consumer surplus because of the resulting reduction in competition amongst …. Producers strictly benefit from this reduction, likely explaining the regulation we observe. We derive the factors that drive … the cross-sectional variation in charlatans (regulation) across professions …

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 …

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 …