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We analyse how state university competition to collect resources may affect both research and the quality of teaching … research and teaching supplied by each university, and the mix of low- and high-ability students attending each university. The … a higher teaching quality but pay higher tuition fees. -- university competition ; research ; tuition fees …
Persistent link: https://www.econbiz.de/10009011313
A model is presented where universities competitively supply education to mobile students. Students are subject to a … liquidity constraint so that tuition must be paid out of pre-university income. It is shown that student loans provided by home … jurisdictions will ensure an efficient quality of higher education if loans do not contain any subsidy. If there is income …
Persistent link: https://www.econbiz.de/10010311673
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
In credence goods markets, experts have better information about the appropriate quality of treatment than their customers. Experts may exploit their informational advantage by defrauding customers. Market institutions have been shown theoretically to be effective in mitigating fraudulent expert...
Persistent link: https://www.econbiz.de/10012220097
In a complex and dynamic business environment, managers widely appeal to modern methods and techniques that would help them cope with the competition and offer their customers new, attractive, good quality products and services and at competitive prices. In this context, total quality management...
Persistent link: https://www.econbiz.de/10011820606
One of the reasons why regulators are hesitant about permitting price competition in healthcare markets is that it may damage quality when information is poor. Evidence on whether this fear is well-founded is scarce. We provide evidence using a reform that permitted Dutch health insurers and...
Persistent link: https://www.econbiz.de/10011823733
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
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/10009731159
Information plays a key role in markets with consumer choice. In education, data on schools is often gathered through …
Persistent link: https://www.econbiz.de/10012854499
Alongside the consideration of price, competition authorities recognize that quality can be as, if not more, important in some markets. But as competition authorities also recognize, identifying the dimensions of competition important to many consumers is difficult. Even when these dimensions of...
Persistent link: https://www.econbiz.de/10013032499