THE ECONOMIC APPROACH TO PHYSICIAN BEHAVIOR AND FEE SPLITTING

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DASHTI NADER; BASAKHA MEHDI; MASAELI ARASHK

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

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Paper Information

Journal: Medical Law Year:2013 | Volume:6 | Issue:23 Page(s): 73-96

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Information Journal Paper

Title

THE ECONOMIC APPROACH TO PHYSICIAN BEHAVIOR AND FEE SPLITTING

Author(s)

DASHTI NADER | BASAKHA MEHDI | MASAELI ARASHK | Issue Writer Certificate

Keywords

ECONOMIC APPROACHQ4

PHYSICIAN BEHAVIORQ4

FEE SPLITTINGQ4

Abstract

In spite of basic differences in physician market, we have to consider main derivatives of physician services pricing. Analyzing the marginal cost of generalist and specialist shows that the “fee splitting” occurs when there is a divergence between price and the marginal opportunity cost of specialist. We hope that when the prices of such services are equal with marginal costs, the kickbacks will be vanish. In other words, FEE SPLITTING becomes a tool for eroding monopoly power; it provides a channel to transfer some part of specialists’ monopolistic power to generalists.In this study we use three economical theoretic instruments to analyze the FEE SPLITTING. First of all, by using the “theory of agency” we can discuss about the physician violations from their tasks as an agent. Afterward we apply theoretical principles of behavioral economics to examine the differences between physicians and other economic factors decision making. Finally we analyze the marginal cost differences between generalists and specialists to clarify the main economic origins of FEE SPLITTING.

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APA: Copy

DASHTI, NADER, BASAKHA, MEHDI, & MASAELI, ARASHK. (2013). THE ECONOMIC APPROACH TO PHYSICIAN BEHAVIOR AND FEE SPLITTING. MEDICAL LAW, 6(23), 73-96. SID. https://sid.ir/paper/195283/en

Vancouver: Copy

DASHTI NADER, BASAKHA MEHDI, MASAELI ARASHK. THE ECONOMIC APPROACH TO PHYSICIAN BEHAVIOR AND FEE SPLITTING. MEDICAL LAW[Internet]. 2013;6(23):73-96. Available from: https://sid.ir/paper/195283/en

IEEE: Copy

NADER DASHTI, MEHDI BASAKHA, and ARASHK MASAELI, “THE ECONOMIC APPROACH TO PHYSICIAN BEHAVIOR AND FEE SPLITTING,” MEDICAL LAW, vol. 6, no. 23, pp. 73–96, 2013, [Online]. Available: https://sid.ir/paper/195283/en

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