G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6631
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
URLhttps://cepr.org/publications/dp6631
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/535465
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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