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Based on a Salop model with regulated prices, we investigate quality provision behavior of competing hospitals before and after a merger. For this, we use a controlled laboratory experiment where subjects decide on the level of treatment quality as head of a hospital. We find that the...
Persistent link: https://www.econbiz.de/10011444718
Using a spatial competition framework with three ex ante identical hospitals, we study the effects of a hospital merger … improve social welfare under price competition …
Persistent link: https://www.econbiz.de/10013083187
Using a spatial competition framework with three ex ante identical firms, we study the effects of a horizontal merger …
Persistent link: https://www.econbiz.de/10013059116
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
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/10013019860
We provide an econometric framework for estimating a game of simultaneous entry and pricing decisions while allowing for correlations between unobserved cost and demand shocks. We use our framework to account for selection in the pricing stage. We estimate the model using data from the US...
Persistent link: https://www.econbiz.de/10012855528
media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine … economic effects of these types of mergers on market competition, focusing on digital media content distribution. In doing so … concerning? (ii) Would vertical or horizontal integration be more preferable for overall welfare and competition in this industry …
Persistent link: https://www.econbiz.de/10012011207
Persistent link: https://www.econbiz.de/10009674730
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of demand and retail competition. Whether countervailing buyer power arises, in the form of lower negotiated prices …
Persistent link: https://www.econbiz.de/10011654786