The paper reviews models of the physician-patient relationship to derive testable hypotheses about the relation between health, demand for medical services and patient's compliance. The models imply that in addition to existing information asymmetries the actions that physician and patient...

The relationship between physician and patient has been discussed intensively in the literature. Nevertheless, they neglect the fact that the production of health not only depends on the medical services supplied by the physician but is also influenced by the patient's compliance. We present a...

The paper presents a principal-agent model to analyse the relationship between physicians and patients. The application of the standard principal-agent model shows some shortcomings of the analysis when being implemented into the field of health economics. Therefore it is necessary to look at...

The paper reviews models of the physician-patient relationship to derive testable hypotheses about the relation between health, demand for medical services and patient's compliance. The models imply that in addition to existing information asymmetries the actions that physician and patient...

The paper presents a principal-agent model to analyse the relationship between physicians and patients. The application of the standard principal-agent model shows some shortcomings of the analysis when being implemented into the field of health economics. Therefore it is necessary to look at...

The paper presents a principal-agent model to analyse the relationship between physicians and patients. The application of the standard principal-agent model shows some shortcomings of the analysis when being implemented into the field of health economics. Therefore it is necessary to look at...

The paper reviews models of the physician-patient relationship to derive testable hypotheses about the relation between health, demand for medical services and patients compliance. The models imply that in addition to existing information asymmetries the actions that physician and patient choose...