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Hospital markets are often characterised by price regulation and the existence of different ownership types. Using a Hotelling framework, this paper analyses the effect of different objectives of the hospitals on quality, profits, and overall welfare in a price regulated duopoly with symmetric...
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We investigate Stackelberg mixed duopoly models where a state-owned public firm and a foreign private firm compete. We examine a desirable role (either leader or follower) of the public firm. We also consider endogenous roles by adopting the observable delay game of Hamilton and Slutsky (1990)....
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good is provided, but under certain conditions, competition leads to excessive provision. Further, there is generally a …
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firm that purchases inputs from an upstream firm under output subsidies. We construct an endogenous competition mode game …-Cournot competition can also materialize depending on the subsidy rates; however, Cournot competition appears as a unique equilibrium in a …
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such a competition affects the resources invested by the groups’ supporters and how beneficial it is to immigrants. We …
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