How does market competition affect supplier-induced demand? An experimental study

IntroductionThis study investigated the impact of competition on supplier-induced demand in medical markets theoretically and experimentally.MethodsWe employed the framework of credence goods to describe the information asymmetry between physicians and patients, and theoretically derives predictions...

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Bibliographic Details
Main Authors: Yefeng Chen, Yiwen Pan, Yuli Ding
Format: Article
Language:English
Published: Frontiers Media S.A. 2023-03-01
Series:Frontiers in Public Health
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fpubh.2023.1024337/full