Explore the effectiveness of competition in Australia's residential aged care sector through this 46-minute talk. Analyze data-driven research examining the relationship between market competition, quality of care, and pricing in aged care facilities. Compare the performance of for-profit, not-for-profit, and public-owned providers. Delve into competition measures, quality indicators, price factors, and market failure sources. Gain insights into potential improvements for the aged care system, including national standards. Engage with discussions on endogeneity, rural vs. urban differences, quality dimensions, and international evidence.