The Political Economy of Truth‐in‐Advertising Regulation during the Progressive Era
Year: 2008
Type: article
Abstract: This paper explores the origins and effects of truth‐in‐advertising regulation during the Progressive Era. Was advertising regulation adopted in response to rent seeking on the part of firms that sought to limit the availability of advertising as a competitive device, or was advertising regulation desired because it furnished a mechanism through which firms could improve the credibility of advertising? We find the available evidence to be more consistent with the latter hypothesis.
Source: The Journal of Law and Economics
DOI: 10.1086/589658
Authors: Zeynep K. Hansen, Marc T. Law
Institutions: Boise State University, University of Vermont
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W3124211921
