Showing 1 - 10 of 2,453
also related to graduation and on-time graduation although, in general, measures of institutional quality are not …
Persistent link: https://www.econbiz.de/10010945951
sell post-entry use entry to credibly reveal information on quality. Incumbents are then willing to pay high prices for … high-quality inventions to preempt rivals from obtaining them. Using Swedish data on patents granted to small firms and … individuals, we find evidence that high-quality inventions are sold under preemptive bidding competition, post entry. …
Persistent link: https://www.econbiz.de/10011917062
Many multi-product firms incur a complexity fixed cost when offering different product lines in different quality tiers … relative to the case when offering all products lines in the same quality tier (high or low). Such fixed costs create an … interdependency between firms' choices of quality tiers across different product lines, even when demands are independent. We …
Persistent link: https://www.econbiz.de/10011305294
sell post-entry use entry to credibly reveal information on quality. Incumbents are then willing to pay high prices for … high-quality inventions to preempt rivals from obtaining them. Using Swedish data on patents granted to small firms and … individuals, we find evidence that high-quality inventions are sold under preemptive bidding competition, post entry. …
Persistent link: https://www.econbiz.de/10011742388
We consider an industry where firms produce goods that have different quality levels but firms cannot differentiate … themselves from rivals. In this situation, producing low-quality generates a negative externality on the whole industry. This is … entry is not socially optimal and we argue that the imposition of a Minimum Quality Standard (MQS) may induce firms to enter …
Persistent link: https://www.econbiz.de/10009351484
improvements in clinical quality. In January 2006, the British Government introduced a major extension of their market …. This paper assesses whether this aim has been achieved and competition led to improvements in quality. For our estimation … analyze whether quality improved more quickly in more competitive markets after the government introduced its new wave of …
Persistent link: https://www.econbiz.de/10008692883
home data with a wide range of market structures, we find a U-shaped relationship between competition and service quality … effects of competition: the reputation building effect whereby competing firms choose high quality to build a good reputation … and the rent extraction effect whereby competition hinders investment for quality improvements by eliminating price premia …
Persistent link: https://www.econbiz.de/10011800599
for signalling quality. It is shown that the presence of confused consumers leads to the emergence of multiple stable …
Persistent link: https://www.econbiz.de/10008509905
We analyse the relationship between the quality of a GP practice in England and the degree of competition that it faces … rival GP practices provide a higher quality of care than that provided by GP practices that lack competitors. This higher … level of quality is observed firstly in an indicator of clinical quality (referrals to secondary care for conditions that …
Persistent link: https://www.econbiz.de/10008777387
information where consumers do not observe quality before purchase. Firm level incentives for producing high quality can be …
Persistent link: https://www.econbiz.de/10011056179