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Competition and quality in regulated markets with sluggish demand

Brekke, Kurt R.; Cellini, Roberto; Siciliani, Luigi; … - 2010

We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … to the steady state. While fiercer competition (lower transportation costs or less sluggish demand) leads to higher … quality in both solutions, the quality response to increased competition is weaker when players use feedback strategies. …

Persistent link: https://www.econbiz.de/10010266064

Competition in Higher Education : A Survey

Kaganovich, Michael - 2020

The structure and functioning of the market of higher education in the United States possess distinctive if not puzzling features such as the wide spectrum of institutional arrangements and sources of funding, stark segmentation in levels of selectivity and instructional resources, and high...

Persistent link: https://www.econbiz.de/10012836928

Trust, Investment and Competition : Theory and Evidence from German Car Manufacturers

Calzolari, Giacomo - 2019

quality - but also with more competition among suppliers. Both associations hold only for parts involving comparatively … relationships involving higher trust, buyers are able to induce higher investment and more intense competition among suppliers - but …

Persistent link: https://www.econbiz.de/10012866364

Incomplete property rights and overinvestment

Amegashie, J. Atsu - 2009

I consider a model in which an asset owner must decide how much to invest in his asset mindful of the fact that an encroacher's valuation of the asset is increasing in the asset owner's investment. Due to incomplete property rights, the encroacher and asset owner engage in a contest over the...

Persistent link: https://www.econbiz.de/10010265975

Product market competition, investment and employment-abundant versus job-poor growth : a real options perspective

Chen, Yu-Fu; Funke, Michael - 2005

The role of product market reforms in achieving the objective of higher employment and growth has recently received much attention amongst academics. The aim of this paper is to analyse some of the channels through which cross-market effects come about and to assess their policy relevance. The...

Persistent link: https://www.econbiz.de/10010271923

Competition between state universities

Luporini, Lisa; Grazzini, Annalisa; Petretto, Alessandro - 2011

We analyse how state university competition to collect resources may affect both research and the quality of teaching …

Persistent link: https://www.econbiz.de/10010274738

Mobility and conflict

Bhattacharya, Sourav; Deb, Joyee; Kundu, Tapas - 2012

We study the role of inter-group differences in the emergence of conflict. In our setting, two groups compete for the right to allocate societys resources, and we allow for costly intergroup mobility. The winning group offers an allocation, that the opposition can either accept, or reject and...

Persistent link: https://www.econbiz.de/10010280829

A nested contest: Tullock meets the all-pay auction

Amegashie, J. Atsu - 2012

I present a two-player nested contest which is a convex combination of two widely studied contests: the Tullock (lottery) contest and the all-pay auction. A Nash equilibrium exists for all parameters of the nested contest. If and only if the contest is sufficiently asymmetric, then there is an...

Persistent link: https://www.econbiz.de/10010289358

Measuring strategic firm interaction in product-quality choices: The case of airline flight frequency

Brueckner, Jan K.; Luo, Dan - 2013

multimarket contact generates mutual forbearance in frequency competition, finding no evidence for such an effect. …

Persistent link: https://www.econbiz.de/10010291565

Equilibrium unemployment and capital intensity under product and labor market imperfections

Kauppi, Heikki; Koskela, Erkki; Stenbacka, Rune - 2004

equilibrium unemployment. The relationship between the long-run unemployment and the intensity of product market competition is …

Persistent link: https://www.econbiz.de/10010261119