Compensation and Productive Efficiency of Partnerships: Evidence from Medical Group Practice.

S-Tier
Journal: Journal of Political Economy
Year: 1990
Volume: 98
Issue: 3
Pages: 544-73

Authors (2)

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

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

Abstract

In this paper, the authors develop and test a model of the effect of alternative compensation arrangements on productive efficiency in medical group practices. The technique employed is maximum likelihood production frontier estimation. The authors provide a simple behavioral model of the determination of productive efficiency and a new interpretation of the economic measure of technical efficiency. They derive a "behavioral production function" that relates production to individual responses to incentives, and they indicate that the impossibility of recovering the parameters of the production technology from observed behavior. Overall, the empirical results indicate that incentives do affect productivity. Copyright 1990 by University of Chicago Press.

Technical Details

RePEc Handle
repec:ucp:jpolec:v:98:y:1990:i:3:p:544-73
Journal Field
General
Author Count
2
Added to Database
2026-01-25