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Regulation of Charlatans in High-Skill Professions

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NBER2017-08-01 更新2025-01-04 收录
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We model a market for a skill that is in short supply and high demand, where the presence of charlatans (professionals who sell a service that they do not deliver on) is an equilibrium outcome. We use this model to evaluate the standards and disclosure requirements that exist in these markets. We

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2017-08-01
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