Harrison Teresa D.; Lybecker Kristina M. - In: The B.E. Journal of Economic Analysis & Policy 4 (2005) 1, pp. 1-17
In this paper, we employ three simple theoretical models of nonprofit hospitals to investigate equilibrium behavior when hospitals compete. Utilizing a differentiated Bertrand model, we examine how prices, quantity of patients served, service to the uninsured, and quality of care are affected as...