An Examination of the Presence of Ownership Effects in Mixed Markets
AbstractWhether consumers perceive for-profit, nonprofit, and government outputs to be perfect substitutes has implications for understanding the social value of nonprofit and governmental producers in the marketplace. While theoretical arguments have been made in support of and against the existence of ownership effects, little empirical research has been conducted to measure their presence. This study examines data from the Wisconsin nursing home industry from 1984 through 1995 and concludes that ownership effects exist, with consumers indicating the greatest preference for nonprofit homes and the least preference for government homes, ceteris paribus. This result is robust to different specifications. Copyright 2005, Oxford University Press.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Oxford University Press in its journal The Journal of Law, Economics, and Organization.
Volume (Year): 21 (2005)
Issue (Month): 1 (April)
Contact details of provider:
Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK
Fax: 01865 267 985
Web page: http://jleo.oupjournals.org/
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Alexia Gaudeul, 2008.
"Consumer Welfare and Market Structure in a Model of Competition Between Open Source and Proprietary Software,"
08-31, Centre for Competition Policy, University of East Anglia.
- Gaudeul, Alexia, 2008. "Consumer welfare and market structure in a model of competition between open source and proprietary software," MPRA Paper 19555, University Library of Munich, Germany.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum).
If references are entirely missing, you can add them using this form.