Physicians’ generic pharmaceutical adoption involves not only patients’ and insurance payers’ cost, but also their own … interests. This study examines this double agency problem for physicians by using Taiwanese data because two of its … institutional features: First, patients and physicians in a universal health care system did not self-select their insurance plans …

behavior. These features include: (1) physicians can choose a payment contract from a menu that includes an enhanced fee … blended capitation contract; (3) physicians sort selectively into the contracts based on their preferences; and (4) physicians … in the blended capitation model provide fewer services than physicians in the enhanced fee-for-service model. …

physicians is sued per year. These discrepancies between the theory and actual operation of the negligence system arise primarily …Physicians are traditionally liable under a negligence rule of liability. Economic analysis of liability rules … provided more efficiently through other forms of social or private insurance. In theory, a negligence rule creates incentives …