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Journal ArticleDOI

The Rising Price of Physician's Services

Martin Feldstein
- 01 May 1970 - 
- Vol. 52, Iss: 2, pp 121-133
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This article is published in The Review of Economics and Statistics.The article was published on 1970-05-01. It has received 223 citations till now.

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Citations
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Journal ArticleDOI

Effects of health insurance on physicians' fees.

TL;DR: Empirical evidence, based on national interview surveys of physicians, shows insurance does affect fees in the predicted direction, and a standard model of physician fee determination yields unambiguous predictions about insurance effects on fees.
Journal ArticleDOI

Does the Geographic Distribution of Physicians Reflect Market Failure?: An Examination of the New Zealand Experience, 1981–87

TL;DR: The results suggest that the traditional reliance of primary health-care policy in New Zealand on market-based solutions to improve geographic accessibility would seem to be misplaced and support current policy moves on the part of the state to regulate the distribution of physicians and their expenditure.
Journal ArticleDOI

Charity, Competition, and the Pricing of Doctors' Services

TL;DR: The authors developed a charity-competition model in which price discrimination emerges as a consequence of utility maximization by the individual doctor and the necessity of market equilibrium, and showed that the charity model is more consistent with available empirical evidence than is the monopoly model.
Journal ArticleDOI

The labour supply behaviour of self-employed solo practice physicians

TL;DR: The authors investigated the empirical labour supply behavior of self-employed solo practice physicians and found that the typical male physician operates on the upward-sloping portion of the labour supply curve and is relatively unresponsive to changes in marginal hourly medical practice earnings and non-practice income.
Posted Content

Pricing and Location of Physician Services in Mental Health

TL;DR: In this article, a general model of pricing and location of physician's services is applied to the market for psychiatrist's services and the results imply that the market of psychiatrist services operates in a manner consistent with the predictions of the competitive model.
References
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Journal Article

Uncertainty and the Welfare Economics of Medical Care

TL;DR: In this article, the authors focus on the way in which the operation of the medical-care industry and the efficacy with which it satisfies the needs of society differ from a norm, and the most obvious distinguishing characteristics of an individual's demand for medical services is that it is not steady in origin as, for example, for food or clothing but is irregular and unpredictable.
Journal ArticleDOI

Price Discrimination in Medicine

TL;DR: In this article, the authors argue that if many doctors engaged in such price policies, a pattern of prices for medical services would be established that would be independent of the incomes of patients.
Journal ArticleDOI

The doctor shortage : an economic diagnosis

TL;DR: The author concludes that the authors will indeed face a shortage of doctor services and, although he calls his book an economic diagnosis, he does not shrink from prescribing several means of dealing with the problem.