We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … the open-loop solution (providers choose the optimal quality investment plan based on demand at the initial period) and … the feedback closed-loop solution (providers observe demand in each period and choose quality in response to current …

We analyse the effect of competition on quality in hospital markets with regulated prices, considering both the effect … structure, we show that the relationship between competition and quality is generally ambiguous. In contrast to the received …

We study the incentives for hospitals to provide quality and expend cost-reducing effort when their budgets are soft, i …. Softer budgets reduce cost efficiency, while the effect on quality is ambiguous. For given cost efficiency, softer budgets … increase quality since parts of the expenditures may be covered by the payer. However, softer budgets reduce cost …

on quality, price and welfare. The merging firms always reduce quality. They also increase prices if demand … responsiveness to quality is sufficiently low. The non-merging firm, on the other hand, always responds by increasing both quality … and prices. Overall, a merger leads to higher average prices and quality in the market. The welfare implications of a …

We study the incentives for hospitals to provide quality and expend cost-reducing effort when their budgets are soft, i …. Softer budgets reduce cost efficiency, while the effect on quality is ambiguous. For given cost efficiency, softer budgets … increase quality since parts of the expenditures may be covered by the payer. However, softer budgets reduce cost …

on quality, price and welfare. The merging firms always reduce quality. They also increase prices if demand … responsiveness to quality is sufficiently low. The non-merging firm, on the other hand, always responds by increasing both quality … and prices. Overall, a merger leads to higher average prices and quality in the market. The welfare implications of a …

We study the relationship between competition and quality within a spatial competition framework where firms compete in … prices and quality. We generalise existing literature on spatial price-quality competition along several dimensions …, including utility functions that are non-linear in income and cost functions that are non-separable in output and quality. Our …

We analyse the effect of competition on quality in hospital markets with regulated prices, considering both the effect … structure, we show that the relationship between competition and quality is generally ambiguous. In contrast to the received …

We analyse the effect of competition on quality in hospital market with regulated prices, considering both the effect … and quality, we show - in both cases - that the effect is generally ambiguous. In contrast to the received theoretical …

We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … utilities) taking a differential game approach, in which quality is a stock variable. Using a Hotelling framework, we derive the … provision cost is increasing, investment and quality are lower in the closed-loop solution: in fact, quality drops to the …