Provider competition is a currently popular healthcare reform model. A necessary condition for greater competition to … improve quality is that providers will face higher demand if they improve their quality. We test this crucial assumption in an …

rational, consumers. We first introduce (portable) techniques for analysing the demand of such consumers, and then investigate … distribution is assessed by consumers as a loss, decreasing demand for the firm’s product. We provide conditions under which a firm … has high density, the price responsiveness of demand is low, or consumers are likely to purchase. Whether or not prices …

higher competition in goods markets is not conducive to lower persistence. An important implication is that increasing market … competition brought about by entry in the EU will not necessarily lead to lower persistence. By contrast, the increasing share of …

When a supply and demand model is recursive, with errors uncorrelated across the two equations, ordinary least squares …

do not occur ceteris paribus. This makes it necessary to explicitly account for the demand and supply shocks underlying …