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Spatial Competition In Quality


Spatial Competition In Quality
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Spatial Competition In Quality


Spatial Competition In Quality
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Author : Raphael Auer
language : en
Publisher:
Release Date : 2014

Spatial Competition In Quality written by Raphael Auer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Competition categories.




Price And Quality In Spatial Competition


Price And Quality In Spatial Competition
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Author : Kurt Richard Brekke
language : en
Publisher:
Release Date : 2009

Price And Quality In Spatial Competition written by Kurt Richard Brekke and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Competition categories.




Spatial Ccompetition In Quality Demand Induced Innovation And Schumpeterian Growth


Spatial Ccompetition In Quality Demand Induced Innovation And Schumpeterian Growth
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Author : Raphael Anton Auer (Economiste)
language : en
Publisher:
Release Date : 2011

Spatial Ccompetition In Quality Demand Induced Innovation And Schumpeterian Growth written by Raphael Anton Auer (Economiste) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.




Spatial Competition And Quality


Spatial Competition And Quality
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Author : Hugh Gravelle
language : en
Publisher:
Release Date : 2018

Spatial Competition And Quality written by Hugh Gravelle and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with Competition categories.


We examine whether family doctor firms in England respond to local competition by increasing their quality. We measure quality in terms of clinical performance and patient-reported satisfaction to capture its multi-dimensional nature. We use a panel covering 8 years for over 8000 English general practices, allowing us to control for unobserved local area effects. We measure competition by the number of rival doctors within a small distance. We find that increases in local competition are associated with increases in clinical quality and patient satisfaction, particularly for firms with lower quality. However, the magnitude of the effect is small.



Competition In Both Quantity And Quality Spatial Competition Models With Regulated Transportation Prices


Competition In Both Quantity And Quality Spatial Competition Models With Regulated Transportation Prices
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Author : Yves Smeers
language : en
Publisher:
Release Date : 1997

Competition In Both Quantity And Quality Spatial Competition Models With Regulated Transportation Prices written by Yves Smeers and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with categories.




On Spatial Competition And Quality Standards In Hospital Healthcare


On Spatial Competition And Quality Standards In Hospital Healthcare
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Author : Jacques Bughin
language : en
Publisher:
Release Date : 1990

On Spatial Competition And Quality Standards In Hospital Healthcare written by Jacques Bughin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with categories.




Spatial Competition In A Differentiated Market With Asymmetric Costs


Spatial Competition In A Differentiated Market With Asymmetric Costs
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Author : Tarek H. Selim
language : en
Publisher:
Release Date : 2020

Spatial Competition In A Differentiated Market With Asymmetric Costs written by Tarek H. Selim and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.


Spatial quality choice is introduced, where consumers are horizontally differentiated by taste and firms vertically differentiated by quality location, within an equilibrium model of duopoly competition characterized by asymmetric fixed and variable costs. Firms choose quality location followed by prices but then may vertically re-locate their quality offerings based on changing horizontal consumer taste. A monopolistic equilibrium solution arises with firms achieving positive economic profits through price-quality markups exceeding marginal costs. Under strict inequality conditions, each firm acts as a monopolistic competitor within a range of quality choices governed by multiple relative differentiation outcomes. On the other hand, vertical re-location exhibits a resistance to change on the part of vertically located firms such that firms dislike quality re-location and prefer stable preferences in quality. Such resistance to change is overcome by firms re-locating their quality offerings to maximize monopolistic brand-space gains. It is argued that more horizontal differentiation may force more product differentiation by vertical quality relocation. A relative change in quality preferences may result in wider quality spreads in the market through vertical quality re-locations, even though the resistance to change arguments may still hold good.



Spatial Economics Volume I


Spatial Economics Volume I
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Author : Stefano Colombo
language : en
Publisher: Springer Nature
Release Date : 2020-09-23

Spatial Economics Volume I written by Stefano Colombo and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-09-23 with Business & Economics categories.


Space is a crucial variable in any economic activity. Spatial Economics is the branch of economics that explicitly aims to incorporate the space dimension in the analysis of economic phenomena. From its beginning in the last century, Spatial Economics has contributed to the understanding of the economy by developing plenty of theoretical models as well as econometric techniques having the “space” as a core dimension of the analysis. This edited volume addresses the complex issue of Spatial Economics from a theoretical point of view. This volume is part of a more complex project including another edited volume (Spatial Economics Volume II: Applications) collecting original papers which address Spatial Economics from an applied perspective.



Can Competition Reduce Quality


Can Competition Reduce Quality
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Author : Kurt Richard Brekke
language : en
Publisher:
Release Date : 2014

Can Competition Reduce Quality written by Kurt Richard Brekke and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Competition categories.


In a spatial competition setting there is usually a non-negative relationship between competition and quality. In this paper 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 risk-averse. We show that the negative relationship between competition and quality is robust to any given number of fims in the market and whether quality and price decisions are simultaneous or sequential. We also show that competition may improve social welfare despite the adverse effect on quality. Our proposed mechanism can help explain empirical findings of a negative effect of competition on quality in markets such as health care, long-term care, and higher education.



Spatial Price Equilibrium With Information Asymmetry In Quality And Minimum Quality Standards


Spatial Price Equilibrium With Information Asymmetry In Quality And Minimum Quality Standards
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Author : Anna Nagurney
language : en
Publisher:
Release Date : 2016

Spatial Price Equilibrium With Information Asymmetry In Quality And Minimum Quality Standards written by Anna Nagurney and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.


In this paper, a spatial price equilibrium model with information asymmetry in quality is developed. Producers at the supply markets are aware of the quality of their products, whereas consumers, located at the demand markets, are aware only of the average quality of the products that are shipped to their demand markets. We derive the governing equilibrium conditions, along with the variational inequality formulation. We then extend the model to include policy interventions in the form of minimum quality standards and provide an integrated variational inequality formulation of both models. We introduce a dynamic adjustment process for the evolution of the product shipments and quality levels over time and formulate it as a projected dynamical system. We establish qualitative results, in the form of existence, uniqueness, and stability analysis. An algorithm is proposed, along with a convergence proof. The algorithm tracks the evolution of the product shipment and quality level pattern until an equilibrium is achieved and, at each iteration, yields closed form expressions for the computation of the product shipments and quality levels. It is then utilized to compute solutions to a spectrum of spatial price equilibrium numerical examples in order to explore the impacts of information asymmetry under different scenarios.This work adds to the growing research on spatial competition and product quality but is the first to incorporate information asymmetry of this specific form in both equilibrium and dynamic model versions.