The Economics of Group Practice

A-Tier
Journal: Journal of Human Resources
Year: 1973
Volume: 8
Issue: 1

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This article presents a theoretical and empirical discussion of how costs of outpatient medical practice vary with the size of the group providing services. It focuses upon the incentives of the individual physican to keep the costs of the practice down and his work effort high. Since cost and revenue-sharing schemes tend to dilute this incentive, we would expect that costs would be greater and hours of work less where they are present. The evidence presented in the article tends to support these propositions.

Technical Details

RePEc Handle
repec:uwp:jhriss:v:8:y:1973:i:1:p:37-56
Journal Field
Labor
Author Count
1
Added to Database
2026-01-26