What determines the quality of entrepreneurs? To address this question, the paper proposes a simple model of the … and ideas. The main prediction from the model is that larger firms produce entrepreneurs of higher quality than smaller …

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 …