Utilize este identificador para referenciar este registo:
https://hdl.handle.net/1822/23752
Título: | Hospital mergers : a spatial competition approach |
Autor(es): | Brekke, Kurt R. Siciliani, Luigi Straume, Odd Rune |
Palavras-chave: | Hospital mergers Antitrust Spatial competition |
Data: | 2013 |
Editora: | Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE) |
Resumo(s): | Using a spatial competition framework with three ex ante identical hospitals, we study the effects of a hospital merger on quality, price and welfare. The merging hospitals always reduce quality, but the non-merging hospital responds by reducing quality if prices are fixed and increasing quality if not. The merging hospitals increase prices if demand responsiveness to quality is sufficiently low, whereas the non-merging hospital always increases its price. If prices are endogenous, a merger leads to higher average prices and quality in the market. A merger is harmful for total patient utility but can improve social welfare under price competition. |
Tipo: | Documento de trabalho |
URI: | https://hdl.handle.net/1822/23752 |
Versão da editora: | http://www3.eeg.uminho.pt/economia/nipe/docs/2013/NIPE_WP_04_2013.pdf |
Arbitragem científica: | yes |
Acesso: | Acesso aberto |
Aparece nas coleções: | NIPE - Documentos de Trabalho |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
---|---|---|---|---|
NIPE_WP_04_2013.pdf | NIPE WP 04/2013 | 602,5 kB | Adobe PDF | Ver/Abrir |