Regulation and Capacity Competition in Health Care: Evidence from U.S. Dialysis Markets
医疗监管与容量竞争:来自美国透析市场的证据
This paper studies entry and capacity decisions by dialysis providers in the United States. We estimate a structural model where providers make continuous strategic choices of capacity based on their private information about own costs and knowledge of the distribution of competitors’ private information. We evaluate the impact on the market structure and providers’ profits under counterfactual regulatory policies that increase the costs or reduce the payment per unit of…