Physicians Treating Physicians at the End of Life: The Relational Advantage in Treatment Choice
Stacey Chen (),
Hongwei Chuang and
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Hongwei Chuang: International University of Japan, Niigata, Japan
Tzu-Hsin Lin: Department of Traumatology, National Taiwan University Hospital, Taiwan
No 19-10, GRIPS Discussion Papers from National Graduate Institute for Policy Studies
This study examines the agency problems by estimating the informational and relational effects of physician-patients on their invasive end-of-lifetreatment. To address potential issues of patient selection, we compare treatment intensity between physician- versus nonphysician-patients attended by the same doctor in the same hospital, and control for patients previous choices of doctors. To identify the relational effect, we further compare the impacts of physician-patients specializing in the same area as their attending doctors versus those in different areas. Physician-patients receive more care than comparable nonphysician-patients, and the increased volume results mostly from physician-patients relational advantages, not from their information advantages.
Pages: 37 pages
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Persistent link: https://EconPapers.repec.org/RePEc:ngi:dpaper:19-10
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