Brekke, Kurt R.; Siciliani, Luigi; Straume, Odd Rune - 2007
This paper studies the impact of hospital competition on waiting times. We use a Salop-type model, with hospitals that … between neighbouring hospitals (competitive segment), and low-benefit patients who decide whether or not to demand treatment … from the closest hospital (monopoly segment). Compared with a benchmark case of monopoly, we find that hospital competition …