, quality competition came more in the form of costs that vary with hotel size, and less in the form of costs that are fixed … on quality. We examine the U.S. hotel industry during the past half century. We document that starting in the early 1980s … - that did not exist before the early 1980s. These entrants - many of which had high quality rooms but which had limited out …

through which competition leads to quality improvement. We document two main findings. First, the competition from the entry …The entry of High-Speed Railways (HSR) represents a disruptive competition to airlines, particularly for short- to … entry on the quality of service provided by airlines as proxied by their on-time performance, and to identify the channels …

to disrupted relationships, poor information flows, and misaligned incentives that combine to degrade care quality and …

topic. The theoretical literature in economics on competition and quality, the theoretical literature in health economics on … this topic, and the empirical findings on competition and quality in health care markets are surveyed and their findings …Theory is clear that competition increases quality and improves consumer welfare when prices are regulated (for prices …

The objective of this study is to estimate the effects of competition for both Medicare and HMO patients on the quality … appears to improve welfare. However, increases in competition for Medicare appear to reduce quality and may reduce welfare …. Increasing competition has little net effect on hospital quality for our sample …

that suggests that school choice would change the teaching profession by demanding teachers with higher quality college …

first experimental evidence on the effect of increased competition on prices and quality relying on an intervention that … power. In those situations, governments could attempt to regulate the market or to increase competition. We provide the … after the intervention, product prices decreased by about 5 percent while service quality perceived by consumers improved …

We analyze a model where investors use a credit rating to decide whether to finance a firm. The rating quality depends …