Showing 1 - 10 of 98
Since the 1990s, efficiency and benchmarking analysis has increasingly been used in network utilities research and regulation. A recurrent concern is the effect of environmental factors that are beyond the influence of firms (observable heterogeneity) and factors that are not identifiable...
Persistent link: https://www.econbiz.de/10010293362
This papers studies the effects on service quality and consumer surplus of a minimum price which is fixed by a bureaucratic non-monopolistic professional association. It shows that the price set by a Niskanen-type professional assocation will maximize consumer surplus only if consumers demand...
Persistent link: https://www.econbiz.de/10010293424
This paper analyses the quality provision of interrelated market firms under different market structures both theoretically and empirically.A theoretical model is built,where a media firm offers newspapers in a primary market and advertising space in the secondary market.Furthermore,the media...
Persistent link: https://www.econbiz.de/10010263395
Insurance products are distributed both by independent and dependent agents, although the use of independent agents is more costly. The product quality hypothesis states that independent agents provide both insurers and customers with higher service quality and therefore, remain on the market....
Persistent link: https://www.econbiz.de/10010319231
Insurance intermediation services are information services which exhibit strong information asymmetries. We empirically analyze whether signaling works in the German market for insurance intermediation services. For this a signal must increase service quality and be easily identifiable by...
Persistent link: https://www.econbiz.de/10010319249
Sub-standard quality is a recurrent problem within parts of the human services - in the care for frail elderly, mentally ill, the intellectually disabled, and children in need - and within law enforcement. Service quality is of great concern to the individual, and the larger society. If so...
Persistent link: https://www.econbiz.de/10010284382
Based on a sample of 946 German insurance intermediaries, the factors that affect the quality of the information services provided by them are studied using OLS-estimations. Applying a search theoretical approach, we analyze the impact of supply and demand side variables on service quality....
Persistent link: https://www.econbiz.de/10003883970
Insurance products are distributed both by independent and dependent agents, although the use of independent agents is more costly. The product quality hypothesis states that independent agents provide both insurers and customers with higher service quality and therefore, remain on the market....
Persistent link: https://www.econbiz.de/10003886027
Insurance intermediation services are information services which exhibit strong information asymmetries. We empirically analyze whether signaling works in the German market for insurance intermediation services. For this a signal must increase service quality and be easily identifiable by...
Persistent link: https://www.econbiz.de/10003886031
We study the effects of horizontal mergers when firms compete on quality and price. Two key factors are identified: (i) the magnitude of variable quality costs, and (ii) the relative magnitudes of cross-quality and cross-price effects on demand. The merging firms will increase (reduce) both...
Persistent link: https://www.econbiz.de/10011283834