We ask how competition influences the prescribing practices of physicians. Law changes granting nurse practitioners … variation in competition. In response, we find that general practice physicians (GPs) significantly increase their prescribing …. Our findings are consistent with a simple model of physician behavior in which competition for patients leads physicians …

effectiveness of these incentives, however, depends both on physicians' price sensitivity and their knowledge of patient prices. We … information. Applying this model to diabetes care, we find that physicians lack detailed price information and are more price …-elastic than full-information models imply. We predict that providing physicians detailed information on prices at the point of …

: the number of physicians in the physician's group (if any); the physician's integration with or employment by a hospital … or hospital system; and the average age of the other physicians in the physician's group. We present three key findings …. First, all else held constant, group physicians prescribe far fewer opioids, and prescribe them more appropriately, than do …

Physicians commonly receive marketing-related transfers from drug firms. We examine the impact of these relationships … fading out within a year. A marketing payment also leads physicians to begin treating cancer patients with lower expected …

national firm upstream and improved or distributed by local firms downstream. In this context, heightened products liability … may have unintended consequences for consumer safety. Conventional wisdom holds that an increase in tort liability on the … worse, if liability is shared between upstream and downstream firms, higher upstream liability may decrease the liability of …

the productivity difference between physicians and nurse practitioners (NPs), two health care professions performing … and quasi-experimental variation in the patient probability of being treated by physicians versus NPs in the emergency … department, we find that, compared to physicians, NPs significantly increase resource utilization but achieve worse patient …

The United States spends twice as much per person on pharmaceuticals as European countries, in large part because … reference countries. We estimate a structural model of demand and supply for pharmaceuticals in the US and reference countries …

prescription pharmaceuticals dispensed in hospitals, physician/clinic outpatient facilities, and nursing homes. Thus the CPI …-Rx overlooks the increasingly important specialty pharmaceuticals dispensed in hospitals, outpatient clinics, and physician offices … drug growth differs from that of traditional pharmaceuticals, the CPI-Rx could provide an inaccurate measure of overall …