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 …

We study how competition between physicians affects the provision of medical care. In our theoretical model physicians … in a controlled laboratory experiment. In line with the model, we observe that competition significantly improves patient … physician, competition even decreases the patient benefit compared to a situation without competition. This decrease is in …