The relationship between physician and patient has been discussed intensively in the literature. Nevertheless, they … influenced by the patient's compliance. We present a model of medical treatment in which both the actions of physician and … patient are modelled as a productive input. The consequences of a mutual asymmetric information about these inputs result in …

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 choose affect the results of medical care. We estimate an orderd probit model …