Showing 1 - 10 of 3,072
there is substantial variation in the quality of physicians, as measured by patients’ post-assignment mortality, in the … point decline in a patient’s two-year mortality risk. While we find evidence of observable doctor characteristics and …-quality doctors are, and that patient-generated GP ratings are uncorrelated with GP value-added. Using a lower bound of the predicted …
Persistent link: https://www.econbiz.de/10014082234
We study the competitive effects of restricting direct access to secondary care by gatekeeping, focusing on the informational role of general practitioners (GPs). In the secondary care market there are two hospitals choosing quality and specialisation. Patients, who are ex ante uninformed, can...
Persistent link: https://www.econbiz.de/10010261341
Several empirical studies provide evidence that their actual health state affects people's attitudes towards health and medical care in hypothetical health states. In the tradition of behavioural economics this paper considers the actual health state as a point of reference and builds a model...
Persistent link: https://www.econbiz.de/10010261396
Advantageous (or propitious) selection occurs when an increase in the premium of an insurance contract induces high-cost agents to quit, thereby reducing the average cost among remaining buyers. Hemenway (1990) and many subsequent contributions motivate its advent by differences in risk-aversion...
Persistent link: https://www.econbiz.de/10014083046
condition for designing effective policies is to identify who drives antibiotic treatment decisions, physicians or patient … variation in patient-physician relations due to physician exits in general practice in Denmark. We estimate that physician …
Persistent link: https://www.econbiz.de/10013218285
We analyze prescription behavior of physicians in the public and private sector. We study two major diseases for which … private sector physicians are more likely to prescribe the expensive medication. The result holds after controlling for … individual-level factors including health indicators based on detailed administrative data, and patient fixed effects. In one of …
Persistent link: https://www.econbiz.de/10014263219
Before embarking on a project, a principal must often rely on an agent to learn about its profitability. We model this learning as a two-armed bandit problem and highlight the interaction between learning (experimentation) and production. We derive the optimal contract for both experimentation...
Persistent link: https://www.econbiz.de/10012892041
Individuals use narratives as rationales or justifications to make their claims more convincing. I provide a general framework for partial verifiability based on narratives. Narratives give many reasons and arguments. The receiver derives the message's meaning by aggregating these reasons; her...
Persistent link: https://www.econbiz.de/10012824823
A central theme in the international debate on genetic testing concerns the extent to which insurance companies should be allowed to use genetic information in their design of insurance contracts. We analyze this issue within a model with the following important feature: A person's well-being...
Persistent link: https://www.econbiz.de/10010315841
Suppliers who are better informed than purchasers, such as physicians treating insured patients, often have discretion …
Persistent link: https://www.econbiz.de/10010261143