This chapter reviews the theory and empirical literature on physician market power, behavior, and motives, referred to … in turn. The review reveals three mechanisms physicians may use to influence quantity of care provided to patients …-maximization as objectives of physicians are also reviewed, including ethics and concern for patients, and the target …

strong position on the market for health care services. Physicians exert a type of monopolistic power which can be described … counterbalance the strong bargaining position of the physicians. Thus, health care expenditure is higher, financing either extra … profits for physicians or a higher number of them. In addition, health insurers do not have an incentive to contract …