This paper analyses the decision to invest in quality by a hospital in an environment where doctors are devoted workers …, i.e. they care for specific aspects of the output they produce. We assume that quality is the result of both an …

In many cases consumers cannot observe firms' investment in quality or safety, but have only beliefs on the average … quality of the industry. In addition, the outcome of the collective investment game of the firms may be stochastic since firms … consumers' subjective perceptions of the industry level of quality matter, the regulator may make information available to firms …

In many cases consumers cannot observe firms' investment in quality or safety, but have only beliefs on the average … quality of the industry. In addition, the outcome of the collective investment game of the firms may be stochastic since firms … consumers' subjective perceptions of the industry level of quality matter, the regulator may make information available to firms …

In many cases consumers cannot observe firms’ investment in quality or safety, but have only beliefs on the average … quality of the industry. In addition, the outcome of the collective investment game of the firms may be stochastic since firms … consumers’ subjective perceptions of the industry level of quality matter, the regulator may make information available to firms …

In many cases consumers cannot observe firms' investment in quality or safety, but have only beliefs on the average … quality of the industry. In addition, the outcome of the collective investment game of the firms may be stochastic since firms … consumers' subjective perceptions of the industry level of quality matters, the regulator may make information available to …

This paper analyses the decision to invest in quality by a hospital in an environment where doctors are devoted workers …, i.e. they care for specific aspects of the output they produce. We assume that quality is the result of both an …

In many cases consumers cannot observe firms' investment in quality or safety, but have only beliefs on the average … quality of the industry. In addition, the outcome of the collective investment game of the firms may be stochastic since firms … consumers' subjective perceptions of the industry level of quality matters, the regulator may make information available to …

This paper analyses the decision to invest in a new technology (as a way to increase quality) by a hospital using a … for each patient treated and sets a quality-contingent long-term contract with the hospital according to a purchasing rule … level of quality of care provided. We then analyse how the purchaser may influence the timing of the hospital's investment …