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characteristic space, and consumers do not know which firm sells which quality. Equilibrium prices consist of two additive terms …, which balance consumers’ relative valuation of goods’ expected quality and consumers’ preferences for variety. However the …
Persistent link: https://www.econbiz.de/10004984896
characteristic space, and consumers do not know which firm sells which quality. Equilibrium prices consist of two additive terms …, which balance consumers' relative valuation of goods' expected quality and consumers' preferences for variety. However the …
Persistent link: https://www.econbiz.de/10005043587
Persistent link: https://www.econbiz.de/10011090950
Persistent link: https://www.econbiz.de/10011092327
In many markets governments set minimum quality standards while some sellers choose to compete on the basis of quality … by exceeding them. Such ‘high-quality’ strategies often win public acclaim, especially when ‘environmental friendliness … product differentiation. A minimum quality standard leads both the high-quality and the low-quality firm to increase product …
Persistent link: https://www.econbiz.de/10005656312
that most of the information in the report cards does not reliably measure quality of care, but a subset of seven measures …Since 2009, German nursing homes have been evaluated regularly with quality report cards published online. We argue … does. Using a sample of more than 3,000 nursing homes with information on two waves, we find a significant improvement in …
Persistent link: https://www.econbiz.de/10010481486
that most of the information in the report cards does not reliably measure quality of care, but a subset of seven measures …Since 2009, German nursing homes have been evaluated regularly with quality report cards published online. We argue … does. Using a sample of more than 3,000 nursing homes with information on two waves, we find a significant improvement in …
Persistent link: https://www.econbiz.de/10010481076
Public reporting of health care quality has become a popular tool for incenting quality improvement. A fundamental … post-acute setting, where patients must achieve a minimum length of stay to be included in quality measures, selection may …
Persistent link: https://www.econbiz.de/10010636394
that most of the information in the report cards does not reliably measure quality of care, but a subset of seven measures …Since 2009, German nursing homes have been evaluated regularly with quality report cards published online. We argue … does. Using a sample of more than 3,000 nursing homes with information on two waves, we find a significant improvement in …
Persistent link: https://www.econbiz.de/10011185144
Public and private entities around the world are trying to induce the provision of higher-quality health care by … precision of signals available to consumers regarding provider quality—may result in lower equilibrium quality, holding prices …
Persistent link: https://www.econbiz.de/10011051639