Solo versus group practice in the medical profession: the influence of malpractice risk.

Journal Article (Journal Article)

While Partnerships are a significant form of business organization in many sectors of the economy, relatively little is known about the incentives which lead to their formation. This paper explores the formation of partnerships among office based physicians when facing some risk of malpractice litigation. Theoretical results indicate that malpractice exposure can increase the incentives to shirk within a partnership, and so exert a significant influence on the decision to form a partnership. Empirical results find that malpractice risk has the expected negative effect on some partnership formation.

Full Text

Duke Authors

Cited Authors

  • Bradford, WD

Published Date

  • March 1995

Published In

Volume / Issue

  • 4 / 2

Start / End Page

  • 95 - 112

PubMed ID

  • 7613601

International Standard Serial Number (ISSN)

  • 1057-9230

Digital Object Identifier (DOI)

  • 10.1002/hec.4730040203


  • eng

Conference Location

  • England