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 - Finance > Chair Economics III - Finance - 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 - Finance |
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 |