G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w26601
来源IDWorking Paper 26601
Consumer Protection in an Online World: An Analysis of Occupational Licensing
Chiara Farronato; Andrey Fradkin; Bradley Larsen; Erik Brynjolfsson
发表日期2020-01-13
出版年2020
语种英语
摘要We study the effects of occupational licensing on consumer choices and market outcomes in a large online platform for residential home services. We exploit exogenous variation in the time at which licenses are displayed on the platform to identify the causal effects of licensing information on consumer choices. We find that the platform-verified licensing status of a professional is unimportant for consumer decisions relative to review ratings and prices. We confirm this result in an independent consumer survey. We also use variation in regulation stringency across states and occupations to measure the effects of licensing on aggregate market outcomes on the platform. Our results show that more stringent licensing regulations are associated with less competition and higher prices but not with any improvement in customer satisfaction as measured by review ratings or the propensity to use the platform again.
主题Labor Economics ; Labor Market Structures ; Other ; Law and Economics ; Industrial Organization ; Market Structure and Firm Performance ; Regulatory Economics ; Industry Studies
URLhttps://www.nber.org/papers/w26601
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/584300
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Chiara Farronato,Andrey Fradkin,Bradley Larsen,et al. Consumer Protection in an Online World: An Analysis of Occupational Licensing. 2020.
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