Beckert, Walter (2018) Choice in the presence of experts: the role of general practitioners in patients' hospital choice. Journal of Health Economics 60 , pp. 98-117. ISSN 0167-6296.
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Abstract
This paper considers the micro-econometric analysis of patients' hospital choice for elective medical procedures when their choice set is pre-selected by a general practitioner (GP). It proposes a two-stage choice model that encompasses both, patient and GP level optimization, and it discusses identification. The empirical analysis demonstrates biases and inconsistencies that arise when strategic pre-selection is not properly taken into account. We find that patients defer to GPs when assessing hospital quality and focus on tangible attributes, like hospital amenities; and that GPs, in turn, as patients' agents present choice options based on quality, but as agents of health authorities also consider their financial implications.
Metadata
| Item Type: | Article |
|---|---|
| Keyword(s) / Subject(s): | Discrete choice, patient, principal, GP, agent, expert, endogenous choice sets, competition, hospital choice, elective medical procedure |
| School: | Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School |
| Research Centres and Institutes: | Commodities Finance Centre |
| Depositing User: | Walter Beckert |
| Date Deposited: | 13 Jan 2017 07:58 |
| Last Modified: | 02 Aug 2023 17:27 |
| URI: | https://eprints.bbk.ac.uk/id/eprint/16717 |
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