The Rising Price of Physicians' Services: A Correction and Extension on Supply
修正了作者先前关于医生服务供给的研究，发现加总数据下供给价格弹性为零，但基于个体医生数据的效用最大化模型显示弹性约为-0.2，这对控制医疗支出的定价策略有警示作用。
The effect of changing prices on the supply of physicians' services has important policy implications. In this note, a correction of previous work on supply by the author in this shows that with aggregate data the price elasticity of supply is zero. However, using individual physician data in the context of a utility-maximizing model of supply, it is found that the price elasticity of supply is about -0.2. This result could portend serious problems ahead for recently enacted Medicare pricing strategies to contain physician spending. Copyright 1994 by MIT Press.