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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 …
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demand. The merging firms will increase (reduce) both quality and price if the degree of competition is sufficiently stronger …
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Using a spatial competition framework with three ex ante identical firms, we study the effects of a horizontal merger …
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constraints on the distribution of profits. Using a spatial competition framework, we derive the equilibrium outcomes under both … quality competition with regulated prices and quality price competition. Profit constraints always lead to lower cost …
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demand. The merging firms will increase (reduce) both quality and price if the degree of competition is sufficiently stronger …
Persistent link: https://www.econbiz.de/10011283834
We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … to the steady state. While fiercer competition (lower transportation costs or less sluggish demand) leads to higher … quality in both solutions, the quality response to increased competition is weaker when players use feedback strategies …
Persistent link: https://www.econbiz.de/10003935230