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The Effect of Consumer Switching Costs on Prices: A Theory and its Application to the Bank Deposit Market

✍ Scribed by Steven A. Sharpe


Book ID
110254138
Publisher
Springer US
Year
1997
Tongue
English
Weight
113 KB
Volume
12
Category
Article
ISSN
0889-938X

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The 1989 reforms of the UK National Health Service (NHS) introduced competition in the supply of hospital services. This paper synthesizes both the theory underlying the introduction of competition into the NHS, and the limited existing evidence on whether competition affects the prices posted by se