Hospital markets are often characterised by price regulation and the existence of different ownership types. Using a … shows that in a duopoly with regulated prices privatisation of the public hospital may increase overall welfare depending on … the difference of the hospitals' marginal costs and the weight of the additional public hospital's motive. -- mixed …

Hospital markets are often characterised by price regulation and the existence of different ownership types. Using a … mixed duopolies, this paper shows that in this framework privatisation of the public hospital may increase overall welfare …. This holds if the public hospital is similar to the private hospital or less efficient and competition is low. The main …