In this paper we focus on the implications of consumer heterogeneity for whether competition will improve outcomes in … health care markets. We show that competition generally favours the majority group as higher quality for the majority is an … minority group by not introducing competition. Alternatively, if the minority group is favoured by the providers under monopoly …

We study the effects of reputation and competition in a stylized market for experience goods. If interaction is …, we find that competition, coupled with some minimal information, eliminates the trust problem almost completely. …