Solo versus group practice in the medical profession: The influence of malpractice risk
研究了医疗事故风险如何影响医生选择单独执业还是合伙执业,发现风险增加会降低合伙意愿,对医疗管理和政策制定有参考价值。
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.