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| Author: | Iversen, T. Luras, H. |
| Title: | Economic motives and professional norms: the case of general medical practice |
| Journal: | Journal of Economic Behavior and Organization
2000 : DEC, VOL. 43:4, p. 447-470 |
| Index terms: | MEDICAL CARE SERVICE PROFESSIONAL ETHICS |
| Language: | eng |
| Abstract: | Professional norms are supposed to have a central role in the allocation of resources when consumers have inferior information about the characteristics of products. The authors argue that economic motives are nevertheless important to resource allocation when professional opinions differ. The argument is illustrated with an example from medical care. The author finds that physicians who experience a shortage of patients have higher income, longer and more frequent consultations and more laboratory tests per listed person that their unconstrained colleagues. |
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