One of the reasons why regulators are hesitant about permitting price competition in healthcare markets is that it may … admissions to Dutch hospitals, we find no evidence that increased exposure to price competition reduces quality measured by …

The main contribution of entrepreneurship theory to economics is to provide an account of market performance in … in undershoots a lack of competition between incumbent firms contributes to restoration of equilibrium (creating room for … new-firm entry) while in overshoots competition induced by new firms (in particular strong displacement) helps restore …

competition in personalized pricing: Sellers compete in o§ering consumer surplus, personalized prices are constrained monopoly …

The literature suggests that competition among schools might increase quality. However, not much empirical evidence is … present as only a few countries allow competition at a large scale. One exception is the Netherlands. Free parental choice is … Netherlands we show that there is a relation between competition and student achievement in upper secondary education, but that it …

how the pecking order theory of trading actually functions. …

in process R&D. Under Cournot competition firms always invest more in R&D than under Bertrand competition. More … importantly, Cournot competition yields lower prices than Bertrand competition when the R&D production process is efficient, when … competition exceeds that under Bertrand competition is even larger as competition over quantities always yields the largest …