notes on reading # 12

notes on reading # 12 - Designing cartels Executive summary...

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Designing cartels Executive summary o Regulations that require people when they are practicing certain professions with an specific title o Title laws receive little attention but represent the first step to a better occupational licensing o Designed to protect the safety and economic interests of consumers o Critics say they are anticompetitive barriers o Interior designers do not agree with title laws for their profession Introduction o The implications of titling laws remain largely unknown. To date, these regulations have received little to no attention among the policy or economics research communities. o It is illegal to refer to oneself as an interior designer—either in advertising, business documents or conversation o Titling laws: they are designed to protect the safety and economic interests of consumers. But critics charge they are actually anti-competitive barriers designed to benefit those already practicing. o Two benefits for licensing laws Improving the quality of services rendered and protecting the public health, safety and welfare. Promotes those ends by requiring individuals practicing the regulated occupation to invest in education, training and often apprenticeship, and frequently to complete an occupation-related examination. Ensure that practitioners meet a minimum threshold of skill and knowledge necessary for quality and safety o Licensing restricts the number of new entrants into an occupation, resulting in an increase in the price of labor and services rendered o Through the “cartelization” or monopolization of their occupations, practitioners can realize greater economic benefits, while “signaling” to consumers and policymakers the assurance of quality and safety associated with licensure Titling laws as a vehicle for the incremental growth in government oversight of occupational licensing remain unexamined in a systematic treatment The nationwide landscape of interior design regulation Titling laws do not require individuals to become licensed in order to practice a given profession, nor do they restrict anyone from providing services of any kind. However, people cannot advertise or in any other way represent themselves using a specific title, such as “interior designer,” unless they meet minimum statutory qualifications concerning education, experience and examination Variations of title laws o The regulation of the title o Strictest of the titling laws, this removes a broad descriptive phrase, or title, from the public domain and reserves it only for those who have satisfied certain requirements o Certified interior designer” or “registered interior designer” for those who have met specified requirements Titling differs from full occupational licensing, which “prohibit[s] the performance of
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This note was uploaded on 11/29/2010 for the course PSC 222 taught by Professor Jing during the Spring '10 term at Rochester.

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notes on reading # 12 - Designing cartels Executive summary...

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