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- W2018356732 abstract "An optimization model of physician choice of patient care under alternative liability regimes yields estimates of frequency of patient injury, liability insurance coverage, and utility of patients and physicians. Results are sensitive to assumptions about the physician's altruism (agency), productivity, cost and revenue functions, and experience rating. For a physician caring only about own wealth and leisure, the model confirms conventional conclusions. But for a partially altruistic physician, increasing physician liability can decrease patient care and increase injury rates. Effects of liability depend critically on the productivity of care, physicians' opportunity cost of time, and form of reimbursement (capitation or fee-for-service)." @default.
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- W2018356732 date "1994-06-01" @default.
- W2018356732 modified "2023-10-02" @default.
- W2018356732 title "Alternative Liability Regimes for Medical Injuries: Evidence from Simulation Analysis" @default.
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- W2018356732 doi "https://doi.org/10.2307/253709" @default.
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