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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 …
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. 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 …
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We analyse the effect of competition on quality in hospital markets with regulated prices, considering both the effect … of (i) introducing competition (monopoly versus competition) and (ii) increasing competition through lower transportation … structure, we show that the relationship between competition and quality is generally ambiguous. In contrast to the received …
Persistent link: https://www.econbiz.de/10013152862
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 public hospital's motive …
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