We present a review of models that investigate quality competition in health care markets under price regulation, taking a differential-game approach. We analyse and discuss three different variants of a unified modelling framework, each of which incorporates specific institutional and behavioural characteristics of health care markets. In each case we derive and compare equilibrium strategies under open-loop and feedback closed-loop information structures. We also address potential policy implications from these analyses.

Differential Games in Health-Care Markets: Models of Quality Competition with Fixed Prices

Cellini, Roberto
;
SICILIANI, Luigi;
2017-01-01

Abstract

We present a review of models that investigate quality competition in health care markets under price regulation, taking a differential-game approach. We analyse and discuss three different variants of a unified modelling framework, each of which incorporates specific institutional and behavioural characteristics of health care markets. In each case we derive and compare equilibrium strategies under open-loop and feedback closed-loop information structures. We also address potential policy implications from these analyses.
2017
978-3-319-70618-4
978-3-319-70619-1
Health care; Competition; Quality; Differential games.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/20.500.11769/329598
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