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We build up a differential game to investigate the interplay between the quality of health care and the presence of an … perfection of the open-loop Nash solution. Moreover, we identify the admissible parameter region wherein price regulation …
Persistent link: https://www.econbiz.de/10014185008
evidence, we build a spatial quality competition model with altruism heterogeneity. We find that more altruistic healthcare … providers supply relatively higher quality levels and position themselves closer to the center. Whether the social planner … offset costly quality competition. …
Persistent link: https://www.econbiz.de/10010417198
We study the equilibrium and its stability property in a duopoly market in which minimum quality standards (MQS) are … set, prices are regulated with links to product quality, and firms compete in quality. The adjustment dynamics are taken …
Persistent link: https://www.econbiz.de/10013085782
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 …
Persistent link: https://www.econbiz.de/10013152862
We develop a dynamic model of hospital competition where (i) waiting times increase if demand exceeds supply; (ii) patients choose a hospital based in part on waiting times; and (iii) hospitals incur waiting time penalties. We show that, whereas policies based on penalties will lead to lower...
Persistent link: https://www.econbiz.de/10012866383
We develop a dynamic model of hospital competition where (i) waiting times increase if demand exceeds supply; (ii) patients choose a hospital based in part on waiting times; and (iii) hospitals incur waiting time penalties. We show that, whereas policies based on penalties will lead to lower...
Persistent link: https://www.econbiz.de/10012024415
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 … ; competition ; quality …
Persistent link: https://www.econbiz.de/10003850156
This paper studies the impact of hospital competition on waiting times. We use a Salop-type model, with hospitals that differ in (geographical) location and, potentially, waiting time, and two types of patients; high-benefit patients who choose between neighbouring hospitals (competitive...
Persistent link: https://www.econbiz.de/10013316811
evidence, we build a spatial quality competition model with altruism heterogeneity. We find that more altruistic healthcare … providers supply relatively higher quality levels and position themselves closer to the center. Whether the social planner … off set costly quality competition …
Persistent link: https://www.econbiz.de/10013028657
overcome the resulting inefficiencies. We combine the theory of agency with a model of monopolistic competition to explore … cost-based reimbursement for hospitals; (2) regulation; and (3) managed care. Each regime represents, for its time, a … sensible response to market failure. Each regime has predictable consequences for prices, costs, and quality. We examine the …
Persistent link: https://www.econbiz.de/10014024185