We analyse the effect of competition on quality in hospital markets with regulated prices, considering both the effect … of (i) introducing competition (monopoly versus competition) and (ii) increasing competition through lower transportation … structure, we show that the relationship between competition and quality is generally ambiguous. In contrast to the received …

each other), this can nevertheless be overall welfare enhancing compared to market outcomes under coordinated regulation. …

of price competition, we also identify a hitherto unnoticed benefit of regulation, namely improved locational efficiency. …In a model of spatial competition, we analyse the equilibrium outcomes in markets where the product price is exogenous …

price competition, we also identify a hitherto unnoticed benefit of regulation, namely improved locational efficiency. …In a model of spatial competition, we analyse the equilibrium outcomes in markets where the product price is exogenous …

price competition, we also identify a hitherto unnoticed benefit of regulation, namely improved locational efficiency. …In a model of spatial competition, we analyse the equilibrium outcomes in markets where the product price is exogenous …

each other), this can nevertheless be overall welfare enhancing compared to market outcomes under coordinated regulation. …

each other), this can nevertheless be overall welfare enhancing compared to market outcomes under coordinated regulation …

innovation is more skill intensive than production. Stronger import competition increases innovation incentives, and thereby the … inequality between skilled and unskilled workers. As long as some industries remain shielded from international competition, the …