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This paper uses a two-sided market model of hospital competition to study the implications of different remunerations schemes on the physicians’ side. The two-sided market approach is characterized by the concept of common network externality (CNE) introduced by Bardey et al. (2010). This type...
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homogeneity condition then platforms’ pro…ts and price structure have some speci…fic properties. Our results reveal how the rents …
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practice (fixed-price and cost-plus). Second, subsidies increase over time. We compare a scenario with renegotiation and a …
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We study competition between an incumbent Credit Rating Agency (CRA) and a sequence of entrant CRAs that are potentially more e¤ective but whose ability in appraising default risk is unproven when they enter the market. We show that free entry competition fails to select the most competent CRA...
Persistent link: https://www.econbiz.de/10009147366
This paper addresses the issue of price signaling in a model of vertical relationship between a manufacturer and a … the price setting task to a retailer and controlling it through a vertical contract (two-part tari¤) helps drastically … reduce the number of price signaling equilibria available to the retailer. The outcome of a unique price charged to consumers …
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