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(Smith 1962) and recent theoretical results (Dufwenberg et al. 2008) suggest that competition forces people to behave as if …
Persistent link: https://www.econbiz.de/10003935667
(Smith 1962) and recent theoretical results (Dufwenberg et al. 2008) suggest that competition forces people to behave as if …
Persistent link: https://www.econbiz.de/10003951883
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We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in knowledge: some consumers know both the prices and quality of the products offered, some know only the prices and some know neither. We show that two types of signalling...
Persistent link: https://www.econbiz.de/10011376636
The literature suggests that competition among schools might increase quality. However, not much empirical evidence is … present as only a few countries allow competition at a large scale. One exception is the Netherlands. Free parental choice is … Netherlands we show that there is a relation between competition and student achievement in upper secondary education, but that it …
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