Quality competition with profit constraints
نویسندگان
چکیده
منابع مشابه
Quality competition with profit constraints: Do non-profit firms provide higher quality than for-profit firms?
In many markets, such as education, health care and public utilities, firms are often profit-constrained either due to regulation or because they have non-profit status. At the same time such firms might have altruistic concerns towards consumers. In this paper we study semi-altruistic firms’ incentives to invest in quality and cost-reducing effort when facing constraints on the distribution of...
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ژورنال
عنوان ژورنال: Journal of Economic Behavior & Organization
سال: 2012
ISSN: 0167-2681
DOI: 10.1016/j.jebo.2012.09.006