Pricing and Location of Physician Services in Mental Health
35 Pages Posted: 25 Jun 2004 Last revised: 22 Aug 2022
Date Written: December 1984
Abstract
Puzzling results of a positive association between the number of physicians per capita and the level of fees for physician services have been reported in the literature. These results may be due to misspecification of econometric models and use of data aggre-gated across medical specialties. It is hypothesized that the unusual results would not persist with a carefully specified econometric model for a single medical specialty. A general model of pricing and location of physician's services is applied to the market for psychiatrist's services. The results imply that the market for psychiatrist's services operates in a manner consistent with the predictions of the competitive model.
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
Paying for Health Insurance: The Tradeoff between Competition and Adverse Selection
By David M. Cutler and Sarah Reber
-
By Sherry Glied
-
Learning and the Value of Information: Evidence from Health Plan Report Cards
By Michael Chernew, Gautam Gowrisankaran, ...
-
Learning and the Value of Information: The Case of Health Plan Report Cards
By Michael Chernew, Gautam Gowrisankaran, ...
-
Measuring Adverse Selection in Managed Health Care
By Richard G. Frank, Jacob Glazer, ...
-
Insurance or Self-Insurance?: Variation, Persistence, and Individual Health Accounts
By Matthew J. Eichner, Mark B. Mcclellan, ...