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This article presents a theoretical and empirical model to examine competition in physician private practices … implementing a conjectural variation framework. Our study uses the 1998 American Medical Association Physician Socioeconomic … Monitoring Survey and tests for collusion and market power in physician private practices. The year 1998 is of particular …
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This article empirically estimates a stochastic cost function and thereby estimates local economies of scale and cost-efficiency measures of the public universities in Bangladesh. A flexible quadratic cost function, an unbalanced panel dataset and the maximum likelihood estimation technique have...
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Since demand for hospital services is subject to substantial variability, the relationship between uncertain demand, excess capacity, hospital costs and performance should be investigated thoroughly. In this paper a waiting time indicator to proxy hospital standby capacity is incorporated into a...
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Using a unique data set on German child care centers, we estimate a long-run multi-product cost function for child care provision in Germanywhile taking into account legal minimal labor input restrictions. For a representative child care center we find economies of scale, a U-shaped average cost...
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