We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … utilities) taking a differential game approach, in which quality is a stock variable. Using a Hotelling framework, we derive the … the marginal provision cost is increasing, investment and quality are lower in the closed-loop solution: in fact, quality …

We evaluate the quality differentials between developing and developed countries' textiles and clothing exports …. Theoretical analyses often conclude that protection leads to quality upgrading (downgrading) of imports (domestic production …), while recent empirical work suggests that it shifts the quality of foreign and domestic goods in the same direction. Using a …

firm (possibly the low-quality one) may capture the entire market. When product qualities are different, we may also have … quality firm captures a larger market share. …

We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … increasing, the steady state quality is higher under the open- loop solution than under the closed-loop solution. Fiercer … competition (lower transportation costs and/or less sluggish demand) leads to higher quality in both solutions, but the quality …

. Treatment firms report 15-25 percent higher profits and exhibit large improvements in quality alongside reductions in output per … hour relative to control firms. These findings do not simply reflect firms being offered higher margins to manufacture high-quality … efficiency. First, treatment firms have higher productivity and quality after accounting for rug specifications. Second, when …

health care markets. We show that competition generally favours the majority group as higher quality for the majority is an … effective way to increase the quality signal and attract patients. A regulator who is concerned about equity may protect the …, competition can improve equity by forcing the providers to increase quality for the majority group. …

We study the incentives for hospitals to provide quality and expend cost-reducing effoort when their budgets are soft … state. Softer budgets reduce cost efficiency, while the effect on quality is ambiguous. For given cost efficiency, softer … budgets increase quality since parts of the expenditures may be covered by the payer. However, softer budgets reduce cost …

becomes insignificant when controlling for exposures to Betting-Against-Beta and Quality-Minus-Junk factors. Further, we …, rather, reward for the use of leverage combined with a focus on cheap, safe, quality stocks. Decomposing Berkshires …

on quality, price and welfare. The merging firms always reduce quality. They also increase prices if demand … responsiveness to quality is sufficiently low. The non-merging firm, on the other hand, always responds by increasing both quality … and prices. Overall, a merger leads to higher average prices and quality in the market. The welfare implications of a …

performance, productivity, waiting times and clinical quality and find little evidence that mergers achieved gains other than a …