Who Ordered That? The Economics of Treatment Choices in Medical Care
David Cutler and
Chapter Chapter Six in Handbook of Health Economics, 2011, vol. 2, pp 397-432 from Elsevier
In the United States, two patients with the same medical condition can receive drastically different treatments. In addition, the same patient can walk into two physiciansâ€™ offices and receive equally disparate treatments. This chapter attempts to understand why. It focuses on three areas: the patient, the physician, and the clinical situation. Specifically, the chapter surveys patient or demand-side factors such as price, income, and preferences; physician or supply-side factors such as specialization, financial incentives, and professionalism; and situational factors including behavioral influences and systems-level factors that play a role in clinical decision making. This chapter reviews theory and evidence, borrowing heavily from the clinical literature.
Keywords: variations; decision making; demand heterogeneity; preferences; income; supply-side incentives; payment systems; specialization; behavioral economics (search for similar items in EconPapers)
JEL-codes: D03 I10 I12 J44 L84 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (9) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:heachp:2-397
Access Statistics for this chapter
More chapters in Handbook of Health Economics from Elsevier
Bibliographic data for series maintained by Haili He ().