Tullock s analysis of rent-seeking is reconsidered from an evolutionary point of view. We show that evolutionarily stable behavior in a rent-seeking contest differs from efficient rent-seeking behavior in a Nash equilibrium. We explore that implications of evolutionary stability for rent-seeking...

We explore how competition between physicians affects medical service provision. Previous research has shown that, without competition, physicians deviate from patient-optimal treatment under payment systems like capitation and fee-for-service. While competition might reduce these distortions,...

Die Forschung in der Gesundheitsökonomie hat in den letzten Jahrzehnten immer mehr an Bedeutung gewonnen. Die Struktur der Gesundheitsmärkte ist jedoch länderübergreifend sehr unterschiedlich und wird stark vom Wettbewerb unter den Anbietern, der Regulierung der Märkte und den Präferenzen...

We consider a model where for-profit providers compete in quality in a price-regulated market that has been opened to competition, and where the incumbent is located at the center of the market, facing high costs of relocation. The model is relevant in markets such as public health care,...

Tullock's analysis of rent-seeking is reconsidered from an evolutionary point of view. We show that evolutionarily stable behavior in a rent-seeking contest differs from efficient rent-seeking behavior in a Nash equilibrium. We explore the implications of evolutionary stability for rent-seeking...