Competition and quality in health care markets: A differential-game approach
▶ Open-loop and closed-loop solutions coincide if treatment costs are linear in output. ▶ Quality is lower in the closed-loop solution if treatment costs are convex in output. ▶ Static models tend to exaggerate the positive effect of competition on quality. We investigate the effect of competition o...
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Veröffentlicht in: | Journal of health economics 2010-07, Vol.29 (4), p.508-523 |
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Format: | Artikel |
Sprache: | eng |
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