Universität zu Köln

Godager, Geir ORCID: 0000-0001-5951-0118 and Wiesen, Daniel (2013). Profit or patients' health benefit? Exploring the heterogeneity in physician altruism. J. Health Econ., 32 (6). S. 1105 - 1117. AMSTERDAM: ELSEVIER. ISSN 1879-1646

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Abstract

This paper investigates physician altruism toward patients' health benefit using behavioral data from Hennig-Schmidt et al.'s (2011) laboratory experiment. In the experiment, medical students in the role of physicians decide on the provision of medical services. The experimental setup allows us to identify the influence of profits and patients' health benefit on the choice of medical treatment. We estimate physician altruism, the weight individuals attach to patients' health benefit, by fitting mixed logit and multinomial logit regression models to the experimental data. Estimation results provide evidence for physician altruism. We find, however, substantial variation in the degree of physician altruism. We also discuss some implications of our results for the design of physician payment schemes in the light of the theoretical literature. (C) 2013 Elsevier BM. All rights reserved.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Godager, Geir UNSPECIFIED orcid.org/0000-0001-5951-0118 UNSPECIFIED Wiesen, Daniel UNSPECIFIED UNSPECIFIED UNSPECIFIED
URN:	urn:nbn:de:hbz:38-470495
DOI:	10.1016/j.jhealeco.2013.08.008
Journal or Publication Title:	J. Health Econ.
Volume:	32
Number:	6
Page Range:	S. 1105 - 1117
Date:	2013
Publisher:	ELSEVIER
Place of Publication:	AMSTERDAM
ISSN:	1879-1646
Language:	English
Faculty:	Unspecified
Divisions:	Unspecified
Subjects:	no entry
Uncontrolled Keywords:	Keywords Language PAYMENT SYSTEMS; MIXED LOGIT; LAB EXPERIMENTS; PREFERENCES; INSURANCE; SERVICES; INCENTIVES; BEHAVIOR; DOCTORS; INCOMES Multiple languages Economics; Health Care Sciences & Services; Health Policy & Services Multiple languages
URI:	http://kups.ub.uni-koeln.de/id/eprint/47049