Showing 1 - 10 of 1,039
Using a vertical differentiation model, we investigate the product quality strategies of two competing firms maximizing market shares. The firms are facing variable costs of quality improvement and choose their prices under the constraint of nonnegative profits. We show that in equilibrium there...
Persistent link: https://www.econbiz.de/10008757547
Changes in medical expenses may force hospitals to reallocate their resources, which potentially come at the detriment of healthcare quality. Using data on the universe of German hospitals, I investigate resource reallocations between capital stock, human resources, services and the...
Persistent link: https://www.econbiz.de/10012833866
Persistent link: https://www.econbiz.de/10011588930
The Pennsylvania Liquor Control Board administers the purchase and sale of wine and spirits and is mandated to charge a uniform 30% markup on all products. We use an estimated discrete choice model of demand for spirits, together with information on wholesale prices, to assess the implications...
Persistent link: https://www.econbiz.de/10010256099
Persistent link: https://www.econbiz.de/10013141012
The Pennsylvania Liquor Control Board administers the purchase and sale of wine and spirits and is mandated to charge a uniform 30% markup on all products. We use an estimated discrete choice model of demand for spirits, together with information on wholesale prices, to assess the implications...
Persistent link: https://www.econbiz.de/10013055988
Critics of privatization argue that privatization encourages providers to lobby for industry expansion. I argue that this is not generally true when public-sector actors also lobby. Where the effectiveness of advocacy depends on total expenditures, some initial amount of privatization always...
Persistent link: https://www.econbiz.de/10014052239
By introducing the excess burden of taxation, we analyze endogenous choice of organizational form between U-form and M-form in the multiproduct mixed duopoly. With managerial delegation in public and private firms, we find that choosing M-form (U-form) for the public and private firms is a...
Persistent link: https://www.econbiz.de/10013242009
We analyze endogenous choice of organizational forms between U-form and M-form in the multiproduct mixed duopoly. With managerial delegation in public and private firms, we find that choosing M-form for the public and private firms is a dominant strategy under mixed duopoly in either Bertrand or...
Persistent link: https://www.econbiz.de/10013244834
We analyse the relationship between the quality of a GP practice in England and the degree of competition that it faces (as indicated by the number of nearby rival GP practices). We find that those GP practices that are located close to other rival GP practices provide a higher quality of care...
Persistent link: https://www.econbiz.de/10012959162