focus on the way in which patient uncertainty and switching costs interact and the implications for GP's choice of quality … general taxation. GPs are horizontally and vertically differentiated and compete via their imperfect observed quality. We …. We show that for any given capitation fee quality is lower and the incentive effects of the fee on quality are smaller …

We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … utilities) taking a di¤erential game approach, in which quality is a stock variable. Using a Hotelling framework, we derive the … the marginal provision cost is increasing, investment and quality are lower in the closed-loop solution: in fact, quality …

cap regulatory mechanism. We show that if a given price vector is preferred (using current welfare as the criterion) to … of welfare as the criterion). The relationship between current welfare and profit and therefore the firm's incentive to …

natural setting to explore the impact of educational attainment and of school quality on health and health-related behaviour …