In many healthcare markets, physicians can influence the volume (volume response) and the composition of the services … regulated at the federal level. Dispensing creates financial incentives for physicians to sell more drugs and to substitute …

This paper examines how physicians in China respond to a pay-for-performance scheme that mismeasures performance. In … to decrease drug expenditure. Using a unique patient-level data from a large Chinese hospital, I find that physicians … inducement hypothesis as physicians in China may receive under-the-counter commission for prescribing certain drugs. I also find …

physicians prescribing behavior and the physician-patient relationship. We conduct an audit study in which a pair of simulated … expenditures. Such knowledge also increases physicians' information provision about possible side effects, but has a negative …