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We study a model of film production, distribution and consumption. The studio can release two goods, a theatrical and a video version, and has to decide on its versioning and sequencing strategy. In contrast with the previous literature, we allow for the possibility that consumers watch both...
Persistent link: https://www.econbiz.de/10008854538
improvements in product quality, or by distributor, product and match-specific effects. FOB prices responses to relationship … increases over time. Following their first relationship in the market, wineries are re-matched to distributors of higher quality …
Persistent link: https://www.econbiz.de/10008468665
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 …
Persistent link: https://www.econbiz.de/10005504502
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 …
Persistent link: https://www.econbiz.de/10005504566
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. …
Persistent link: https://www.econbiz.de/10005504598
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 …
Persistent link: https://www.econbiz.de/10005498167
. 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 …
Persistent link: https://www.econbiz.de/10011096097
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. …
Persistent link: https://www.econbiz.de/10011083309
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 …
Persistent link: https://www.econbiz.de/10011083526
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 …
Persistent link: https://www.econbiz.de/10011083650