I study the competition between one nonprofit and one for-profit firm under various objective functions of the …

oligopoly ; price regulation ; quality ; hospital competition …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 …

. This holds if the public hospital is similar to the private hospital or less efficient and competition is low. The main … hospital compared to the first-best. However, if the public hospital is sufficiently more efficient and competition is fierce … oligopoly ; price regulation ; quality ; hospital competition …