Motivation and competition in health care

Non‐pecuniary sources of motivation are a strong feature of the health care sector and the impact of competitive incentives on behavior may be lower where pecuniary motivation is low. This paper measures the marginal utility of income (MUY) of physicians from a stated‐choice experiment, and examines...

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Detalles Bibliográficos
Autores principales: Scott, Anthony, Sivey, Peter
Formato: Online Artículo Texto
Lenguaje:English
Publicado: John Wiley and Sons Inc. 2022
Materias:
Research Articles
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9544404/
https://www.ncbi.nlm.nih.gov/pubmed/35643938
http://dx.doi.org/10.1002/hec.4533
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author Scott, Anthony
Sivey, Peter
author_facet Scott, Anthony
Sivey, Peter
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description Non‐pecuniary sources of motivation are a strong feature of the health care sector and the impact of competitive incentives on behavior may be lower where pecuniary motivation is low. This paper measures the marginal utility of income (MUY) of physicians from a stated‐choice experiment, and examines whether this measure influences the association between competition faced by physicians and the prices they charge. We find that physicians are more likely to exploit a lack of competition with higher prices if they have a high MUY.
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spelling pubmed-95444042022-10-14 Motivation and competition in health care Scott, Anthony Sivey, Peter Health Econ Research Articles Non‐pecuniary sources of motivation are a strong feature of the health care sector and the impact of competitive incentives on behavior may be lower where pecuniary motivation is low. This paper measures the marginal utility of income (MUY) of physicians from a stated‐choice experiment, and examines whether this measure influences the association between competition faced by physicians and the prices they charge. We find that physicians are more likely to exploit a lack of competition with higher prices if they have a high MUY. John Wiley and Sons Inc. 2022-05-28 2022-08 /pmc/articles/PMC9544404/ /pubmed/35643938 http://dx.doi.org/10.1002/hec.4533 Text en © 2022 The Authors. Health Economics published by John Wiley & Sons Ltd. https://creativecommons.org/licenses/by-nc-nd/4.0/This is an open access article under the terms of the http://creativecommons.org/licenses/by-nc-nd/4.0/ (https://creativecommons.org/licenses/by-nc-nd/4.0/) License, which permits use and distribution in any medium, provided the original work is properly cited, the use is non‐commercial and no modifications or adaptations are made.
spellingShingle Research Articles
Scott, Anthony
Sivey, Peter
Motivation and competition in health care
title Motivation and competition in health care
title_full Motivation and competition in health care
title_fullStr Motivation and competition in health care
title_full_unstemmed Motivation and competition in health care
title_short Motivation and competition in health care
title_sort motivation and competition in health care
topic Research Articles
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9544404/
https://www.ncbi.nlm.nih.gov/pubmed/35643938
http://dx.doi.org/10.1002/hec.4533
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