This paper proposes a novel mechanism whereby larger markets increase competition and facilitate process innovation …

We analyse the effect of competition on quality in hospital market with regulated prices, considering both the effect … of free patient choice (monopoly versus competition) and increased competition through lower transportation costs …

We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … minimum level in steady state, implying that quality competition is effectively eliminated. In this case, static models tend … to exaggerate the positive effect of competition on quality. Our results can explain the mixed empirical evidence on …

phenomenon referred to as choking under pressure. We show that competition for high ability workers nevertheless leads firms to … workers. Bonus payments lead to a social loss which is increasing in the degree of competition. Our paper helps to explain why …