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We analyse the effect of competition on quality in hospital markets with regulated prices, considering both the effect … of (i) introducing competition (monopoly versus competition) and (ii) increasing competition through lower transportation … structure, we show that the relationship between competition and quality is generally ambiguous. In contrast to the received …
Persistent link: https://www.econbiz.de/10013152862
III rules, thus suggesting a ‘race to the top' in capital standards. We study regulatory competition when banks are …
Persistent link: https://www.econbiz.de/10012993695
effect of private-school competition on students' entrepreneurial intentions. We exploit Catholic-Church resistance to state …
Persistent link: https://www.econbiz.de/10013142145
This paper introduces the concept of emotions into the standard litigation contest. Positive (negative) emotions emerge when litigants win (lose) at trial and are dependent in particular on the level of defendant fault. Our findings establish that standard results of litigation contests change...
Persistent link: https://www.econbiz.de/10013129864
This paper investigates competition between health insurance companies under different financing regulations. We … consider two alternatives advanced in recent German health care reform discussions: competition by contribution rates (health … contributions) and by fees (health premia). We find that contribution rate competition yields lower company profits and higher …
Persistent link: https://www.econbiz.de/10013136650
. Second, a TV channel might find it optimal to commit to not raising advertising revenue. Third, regulation of the advertising …
Persistent link: https://www.econbiz.de/10013103607
failures. In this model, there is no trade-off between bank competition and financial stability …
Persistent link: https://www.econbiz.de/10013086044
Collective contests are examined permitting heterogeneity of stakes within every competing group. Our first concern is whether unequal distribution of stakes in a group can enhance its win probability. Our second concern is whether a large stake in a group can be individually disadvantageous. We...
Persistent link: https://www.econbiz.de/10013086980
We study the incentives for hospitals to provide quality and expend cost-reducing effort when their budgets are soft, i.e., the payer may cover deficits or confiscate surpluses. The basic set up is a Hotelling model with two hospitals that differ in location and face demand uncertainty, where...
Persistent link: https://www.econbiz.de/10013087727
multimarket contact generates mutual forbearance in frequency competition, finding no evidence for such an effect …
Persistent link: https://www.econbiz.de/10013088139