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Wolves in sheep's clothing: Is non-profit status used to signal quality?

机译:披着羊皮的狼:非营利地位是否用来表示质量?

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摘要

Why do many firms in the healthcare sector adopt non-profit status? One argument is that non-profit status serves as a signal of quality when consumers are not well informed. A testable implication is that an increase in consumer information may lead to a reduction in the number of non-profits in a market. We test this idea empirically by exploiting an exogenous increase in consumer information in the US nursing home industry. We find that the information shock led to a reduction in the share of non-profit homes, driven by a combination of home closure and sector switching. The lowest quality non-profits were the most likely to exit. Our results have important implications for the effects of reforms to increase consumer provision in a number of public services. (C)2017 Published by Elsevier B.V.
机译:为什么医疗保健行业中的许多公司采用非营利身份?一个论点是,当消费者不了解情况时,非营利地位可以作为质量的信号。一个可检验的含义是,消费者信息的增加可能导致市场中非营利组织数量的减少。我们通过利用美国养老院行业中消费者信息的外生增长来对这一想法进行经验检验。我们发现,由于住房关闭和部门转换的共同作用,信息冲击导致非营利房屋的份额减少。质量最低的非营利组织最有可能退出。我们的结果对许多公共服务中增加消费者供给的改革产生了重要影响。 (C)2017由Elsevier B.V.发布

著录项

  • 来源
    《Journal of health economics》 |2017年第9期|108-120|共13页
  • 作者单位

    Univ South Carolina, Darla Moore Sch Business, Dept Econ, 1014 Greene St, Columbia, SC 29208 USA;

    Imperial Coll London, Imperial Coll, Business Sch, Tanaka Bldg,South Kensington Campus, London SW7 2AZ, England|Univ Bristol, CMPO, 2 Priory Rd, Bristol BS8 1TX, Avon, England|Univ Bristol, Dept Econ, 2 Priory Rd, Bristol BS8 1TX, Avon, England;

    Univ Bristol, CMPO, 2 Priory Rd, Bristol BS8 1TX, Avon, England|Univ Bristol, Dept Econ, 2 Priory Rd, Bristol BS8 1TX, Avon, England;

  • 收录信息
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

    Non-profit; Quality disclosure; Nursing homes;

    机译:非营利;质量公开;疗养院;

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