Can Competition Reduce Quality?
نویسندگان
چکیده
منابع مشابه
Can competition reduce quality?
We study the effect of competition on quality in markets such as health care, long-term care and education, when providers choose both prices and quality in a setting of spatial competition. We offer a novel mechanism whereby competition leads to lower quality. This mechanism relies on two key assumptions, namely that the providers are motivated and riskaverse. Our proposed mechanism can help e...
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ژورنال
عنوان ژورنال: Journal of Institutional and Theoretical Economics
سال: 2018
ISSN: 0932-4569
DOI: 10.1628/093245617x15010500333985