We assess the performance of three hospital merger simulation methods by means of a Monte Carlo experiment. We first specify a rich theoretical model of hospital markets and use it to generate “true” price effects of a large number of hospital mergers. We then use the theoretical model to...

Mergers of horizontal competitors may affect product quality as well as price. For example,potential quality effects are often considered when analyzing healthcare mergers. There exists asmall theoretical literature on the effects of mergers on quality when price and quality are chosenby a...