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We study how competition between physicians affects the provision of medical care. In our theoretical model physicians … are faced with a heterogeneous patient population, in which patients systematically vary with regard to both, their … benefits as long as patients are able to respond to the quality provided. For those patients, who are not able to choose a …
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, affects physicians' medical service provision and the quality of care. Using a series of controlled experiments with … physicians and students, we test the incentive effect of performance pay at a within-subject level. A discrete bonus is granted … if a quality threshold is reached, which varies with the patients' severity of illness. We find that performance pay …
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Objective By manipulating patients' critical attitude in a video experiment, we examined whether physicians are more … discover diferential treatment styles driven by physicians' perceived liability risk among patients with a diferent critical … gynaecologists/obstetricians and orthopaedists randomly to four hypothetical video consultations, in which the patients show either a …
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In a laboratory experiment designed to capture key aspects of the interaction between physicians and patients, we study … physicians' market shares. Medical treatment is an example of a credence good: only the physician knows the appropriate treatment … whether he was perhaps overtreated. We find that with insurance, moral hazard looms on both sides of the market: patients …
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In a laboratory experiment designed to capture key aspects of the interaction between physicians and patients in a … overtreated. We find that with insurance, moral hazard looms on both sides of the market: patients consult more often and … physicians overtreat more often than in the baseline condition. Competition decreases overtreatment compared to the baseline and …
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