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We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … quality in both solutions, the quality response to increased competition is weaker when players use feedback strategies …. -- regulated markets ; competition ; quality ; differential games …
Persistent link: https://www.econbiz.de/10003935230
We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … quality in both solutions, the quality response to increased competition is weaker when players use feedback strategies … the open-loop solution (providers choose the optimal quality investment plan based on demand at the initial period) and …
Persistent link: https://www.econbiz.de/10013148292
We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … quality in both solutions, the quality response to increased competition is weaker when players use feedback strategies. … the open-loop solution (providers choose the optimal quality investment plan based on demand at the initial period) and …
Persistent link: https://www.econbiz.de/10008572490
We analyse the effect of competition on quality in hospital markets with regulated prices, considering both the effect … structure, we show that the relationship between competition and quality is generally ambiguous. In contrast to the received … of (i) introducing competition (monopoly versus competition) and (ii) increasing competition through lower transportation …
Persistent link: https://www.econbiz.de/10010271864
We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … competition (lower transportation costs and/or less sluggish demand) leads to higher quality in both solutions, but the quality … response to increased competition is weaker when players use closed-loop strategies. In both solutions, quality and demand move …
Persistent link: https://www.econbiz.de/10005498167
We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … drops to the minimum level in steady state, implying that quality competition is effectively eliminated. In this case …, static models tend to exaggerate the positive effect of competition on quality. Our results can explain the mixed empirical …
Persistent link: https://www.econbiz.de/10005504502
We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … minimum level in steady state, implying that quality competition is effectively eliminated. In this case, static models tend … to exaggerate the positive effect of competition on quality. Our results can explain the mixed empirical evidence on …
Persistent link: https://www.econbiz.de/10005572463
We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … drops to the minimum level in steady state, implying that quality competition is e¤ectively eliminated. In this case, static … models tend to exaggerate the positive effect of competition on quality. Our results can explain the mixed empirical evidence …
Persistent link: https://www.econbiz.de/10005695867
regulated and firms are funded by a combination of block grants and unit prices; competition is based on quality, and demand … motivated providers makes dynamic competition tougher, resulting in higher steady-state levels of quality in the closed …We study incentives for quality provision in markets where providers are motivated (semi-altruistic); prices are …
Persistent link: https://www.econbiz.de/10009002563
regulated and firms are funded by a combination of block grants and unit prices; competition is based on quality, and demand … motivated providers makes dynamic competition tougher, resulting in higher steady-state levels of quality in the closed …We study incentives for quality provision in markets where providers are motivated (semi-altruistic); prices are …
Persistent link: https://www.econbiz.de/10009018508