| 来源类型 | Discussion paper
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| 规范类型 | 论文
|
| 来源ID | DP6631
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| DP6631 The Macroeconomic Effects of Oil Shocks: Why are the 2000s so Different from the 1970s? |
| olivier blanchard; Jordi Gali
|
| 发表日期 | 2008-01-11
|
| 出版年 | 2008
|
| 语种 | 英语
|
| 摘要 | It has been suggested in the literature that a source of incompleteness in the agency relationship between the doctor and the patient is that the provider may respond to an incomplete or biased perception of the patient?s interests. However, this has not been shown empirically. This paper is novel in presenting an empirical test of the fundamental assumption of the agency model that health care professionals understand what their patients want. Discrete Choice Experiments (DCEs) are conducted simultaneously within samples of patients (women who gave birth) and care-givers (doctors and nurses), to elicit and contrast patients? authentic preferences (for five maternity ward attributes) with what care-givers believe them to be. Conclusion: agents have a biased perception of principals? preferences, and therefore a complete agency relationship does not exist. Our findings add a novel empirical contribution to the agency relationship literature. Moreover, parallel preference patterns of patients and care-givers are certainly of much interest to the field of health economics: Informing the unaware medical care-givers about the patients' preferences, will improve treatment and patients' satisfaction. |
| 主题 | Labour Economics
|
| 关键词 | Principal-agent relationship
Health-care
Maternity wards
Discrete choice experiment
Preferences
|
| URL | https://cepr.org/publications/dp6631
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535465
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推荐引用方式
GB/T 7714 |
olivier blanchard,Jordi Gali. DP6631 The Macroeconomic Effects of Oil Shocks: Why are the 2000s so Different from the 1970s?. 2008.
|
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