Arbeitspapier

Co-Production and Managed Competition in Mixed Quasi-markets

In this paper, we provide a very simple model to shed light on the issue of managed competition in mixed quasi-markets (i.e. regulated markets in which social and for-proÖt Örms coexist). In doing this, we consider the literature on mixed oligopolies as a reasonable reference point and try to enrich it with the idea of quasi-market. Firstly, our results show that social Örms serve the relatively richer portion of the population. Only relatively poor consumers buy units of service from the proÖt-oriented Örm. Secondly, the socially-preferable form of managed competition is to introduce coproduction practices and, hence, to raise proÖt-oriented Örmís production costs. The diffusion of coproduction paradigms ensures maximal service quality and eliminates mark-up from the market.

Language
Englisch

Bibliographic citation
Series: Quaderni - Working Paper DSE ; No. 727

Classification
Wirtschaft
Health: Government Policy; Regulation; Public Health
Oligopoly and Other Imperfect Markets
Personal, Professional, and Business Services

Event
Geistige Schöpfung
(who)
Delbono, Flavio
Lanzi, Diego
Event
Veröffentlichung
(who)
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
(where)
Bologna
(when)
2011

DOI
doi:10.6092/unibo/amsacta/4514
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Delbono, Flavio
  • Lanzi, Diego
  • Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)

Time of origin

  • 2011

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