Showing 1 - 10 of 1,278
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 …
Persistent link: https://www.econbiz.de/10012458610
quality, suggesting positive labor productivity effects. Some evidence suggests that nursing homes in less competitive local …
Persistent link: https://www.econbiz.de/10012460904
This essay reviews the theoretical and empirical literature on quality disclosure and certification. After comparing … quality disclosure with other quality assurance mechanisms and describing a brief history of quality disclosure, we address … quality measurement, the effect of third party disclosure on consumer choice and seller behavior, as well as the economics of …
Persistent link: https://www.econbiz.de/10012463006
increase use of high-quality inputs, as oligopolistic firms underuse these inputs when entry is constrained. We assess these … cardiac surgery in the state. We show that entry led to a redistribution of surgeries to higher-quality surgeons and that this …
Persistent link: https://www.econbiz.de/10012463435
We investigate empirically the determinants of the quality of governments in a large cross-section of countries. We …
Persistent link: https://www.econbiz.de/10012472086
from California, Colorado, Connecticut, and North Carolina. Quality of child care is controlled by a quality index, which … 18 percent higher than other centers, keeping quality of services constant. No statistically significant differences … distinguishable from their for-profit counterparts. In agreement with previous studies, the data show that the average quality of …
Persistent link: https://www.econbiz.de/10012473853
This paper studies how interest groups allocate campaign contributions when congressmen are connected by social ties. We establish conditions for the existence of a unique Nash equilibrium in pure strategies for the contribution game and characterize the associated allocation of the interest...
Persistent link: https://www.econbiz.de/10012455941
Social distancing via shelter-in-place strategies, and wearing masks, have emerged as the most effective non-pharmaceutical ways of combatting COVID-19. In the United States, choices about these policies are made by individual states. We develop a game-theoretic model and then test it...
Persistent link: https://www.econbiz.de/10012496132
We study the relationship between firms' output quality and their choice of organizational structure. To do so, we use … data on each step of the production and transaction chain that makes up Peruvian fishmeal manufacturing. We first show that … quality upgrading is an important motive for vertically integrating. Firms integrate suppliers when the quality premium …
Persistent link: https://www.econbiz.de/10012453765
This paper presents a tractable formalization and an empirical investigation of the quality-complementarity hypothesis …, the hypothesis that input quality and plant productivity are complementary in generating output quality. We embed this …. Using uniquely rich and representative data on the unit values of outputs and inputs of Colombian manufacturing plants, we …
Persistent link: https://www.econbiz.de/10012464229