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The Physician-Patient Relationship Revisited : the Patient's View

Title data

Ulrich, Volker ; Schneider, Udo:
The Physician-Patient Relationship Revisited : the Patient's View.
Bayreuth : Univ. Bayreuth , 2005 . - 24 p. - (Wirtschaftswissenschaftliche Diskussionspapiere der Universität Bayreuth, Rechts- und Wirtschaftswissenschaftliche Fakultät ; 09-05 )

Abstract in another language

The importance of the physician-patient relationship for the health care market is beyond controversy. Most theoretical work is done in a principal-agent framework, dealing with moral hazard problems. Recent work emphasizes a two-sided asymmetric information rela-tionship between physician and patient (double moral hazard). In contrast to most work look-ing only at the physician's perspectives, our paper concentrates on the patient's view. Estima-tion results using panel data support the hypotheses that physician consultation and health-relevant behavior are not stochastically independent. This means that health care demand is determined by the patient and not only by the physician. In the recursive bivariate probit model, the patient’s health-relevant behavior has a significant positive influence on the probability of a physician visit. This should be taken into account in the discussion that primary care physicians should function as gatekeepers.

Further data

Item Type: Working paper, discussion paper
Refereed: Yes
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics III > Chair Economics III - Univ.-Prof. Dr. Volker Ulrich
Faculties
Faculties > Faculty of Law, Business and Economics
Faculties > Faculty of Law, Business and Economics > Department of Economics
Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics III
Result of work at the UBT: Yes
DDC Subjects: 300 Social sciences > 330 Economics
Date Deposited: 11 Mar 2015 09:37
Last Modified: 04 Apr 2019 05:40
URI: https://eref.uni-bayreuth.de/id/eprint/8022