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

Publication ,  Journal Article
Bradford, WD
Published in: Health Econ
1995

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.

Duke Scholars

Published In

Health Econ

DOI

ISSN

1057-9230

Publication Date

1995

Volume

4

Issue

2

Start / End Page

95 / 112

Location

England

Related Subject Headings

  • United States
  • Specialization
  • Risk Management
  • Probability
  • Private Practice
  • Models, Organizational
  • Models, Economic
  • Medicine
  • Malpractice
  • Humans
 

Citation

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Chicago
ICMJE
MLA
NLM
Bradford, W. D. (1995). Solo versus group practice in the medical profession: the influence of malpractice risk. Health Econ, 4(2), 95–112. https://doi.org/10.1002/hec.4730040203
Bradford, W. D. “Solo versus group practice in the medical profession: the influence of malpractice risk.Health Econ 4, no. 2 (1995): 95–112. https://doi.org/10.1002/hec.4730040203.
Bradford, W. D. “Solo versus group practice in the medical profession: the influence of malpractice risk.Health Econ, vol. 4, no. 2, 1995, pp. 95–112. Pubmed, doi:10.1002/hec.4730040203.
Journal cover image

Published In

Health Econ

DOI

ISSN

1057-9230

Publication Date

1995

Volume

4

Issue

2

Start / End Page

95 / 112

Location

England

Related Subject Headings

  • United States
  • Specialization
  • Risk Management
  • Probability
  • Private Practice
  • Models, Organizational
  • Models, Economic
  • Medicine
  • Malpractice
  • Humans