Brekke, Kurt R.; Siciliani, Luigi; Straume, Odd Rune - Núcleo de Investigação em Políticas Económicas … - 2013
Using a spatial competition framework with three ex ante identical hospitals, we study the effects of a hospital merger on quality, price and welfare. The merging hospitals always reduce quality, but the non-merging hospital responds by reducing quality if prices are fixed and increasing quality...