Using Australian general practitioners (GPs) as a case study, this paper examines the impact of a public subsidy withdrawal on provider behaviour. The removal of the joint injection item from public insurance provides an opportunity to examine behavioural changes in the context of the removal of...

Do physicians behave rationally when facing a new disease? This study assesses physicians’ ambiguity attitudes towards the COVID-19 pandemic at its early breakout and the stock market using a revealed preference approach. We find that physicians exhibit significant deviation from expected...

Do physicians behave rationally when facing a new disease? This study assesses physicians’ ambiguity attitudes towards the COVID-19 pandemic at its early breakout and the stock market using a revealed preference approach. We find that physicians exhibit significant deviation from expected...

The development of an intelligent medication recommendation system can greatly benefit the healthcare industry by providing personalized and targeted treatment plans using artificial intelligence (AI). This system analyzes patient data, including medical history, symptoms, genetic information,...

We study the intergeneration transmission of physicians' economic preferences by examining the risk and altruistic preferences of medical students and one of their parents with incentivized experiments. We find that altruistic parents are more likely to raise altruistic children who are also...

Is government guiding the invisible hand at the top of the labor market? We use new administrative data to measure physicians’ earnings and estimate the influence of healthcare policies on these earnings, physicians’ labor supply, and allocation of talent. Combining the administrative...

There is evidence that physicians disproportionately suffer from substance use disorder and mental health problems. It is not clear, however, whether these phenomena are causal. We use data on Dutch medical school applicants to examine the effects of becoming a physician on prescription drug use...

Top income inequality in the United States has increased considerably within occupations. This phenomenon has led to a search for a common explanation. We instead develop a theory where increases in income inequality originating within a few occupations can “spill over” through consumption...