important impact on the incentives of experts to provide a high quality service. In particular, sorting of clients affects … investigates under what conditions increased entry of experts increases their incentives to exert effort. The results of the model …This paper analyses the market for professional (expert) services where the experts are motivated by reputational …

in practice the reputation-based incentives for effective SR may be inherently ambiguous and weak …

make a voluntary payment, a bonus, after observing advice quality. While the combination of competition and reputation …. Thus, our results suggest that a voluntary component can act as a substitute for either competition or reputation … factors could improve advice quality. Besides advisor competition and identifiability, we add the possibility for clients to …

factors could improve advice quality. Besides advisor competition and identifiability we add the possibility for clients to … (leading to several client-advisor interactions over the course of the game) or competition (allowing one advisor to have …

factors could improve advice quality. Besides advisor competition and identifiability we add the possibility for clients to … identifiabilitiy (leading to several client-advisor interactions over the course of the game) or competition (allowing one advisor to …-telling under competition. …

that restaurant owners are more willing to share wine lists with others if competition is limited or their wine list does …

This paper shows that more intense competition may improve, rather than hamper, the chances that a market for an … intensified competition diminishes the reputational rents that -allegedly- provide the incentives for the production of high …

Recent economic research has shown that fixed-price quality competition in the NHS in England is benefiting patients … and taxpayers. This research has focused primarily on important outcomes of competition, for example the number of lives … saved. In this paper we focus on the mechanism of competition (sometimes referred to as the ‘black box') which has led to …

We analyse the relationship between the quality of a GP practice in England and the degree of competition that it faces … obtained from the national GP patient survey). The association between increased competition and higher quality is found for GP … fraction of the potential benefits to patients from increased choice and competition …

gasoline market as a natural experimental field to investigate the impact of smartphones on competition among gas stations. In …