Are patient-regarding preferences stable? Evidence from a laboratory experiment with physicians and medical students from different countries

B-Tier
Journal: European Economic Review
Year: 2020
Volume: 125
Issue: C

Score contribution per author:

0.503 = (α=2.01 / 4 authors) × 1.0x B-tier

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

Abstract

We quantify patient-regarding preferences by fitting a bounded rationality model to data from an incentivized laboratory experiment, where Chinese medical doctors, German medical students and Chinese medical students decide under different payment schemes. We find a remarkable stability in patient-regarding preferences when comparing subject pools and we cannot reject the hypothesis of equal patient-regarding preferences in the three groups. The results suggest that a health economic experiment can provide knowledge that reach beyond the student subject pool, and that the preferences of decision-makers in one cultural context can be of relevance in a very different cultural context.

Technical Details

RePEc Handle
repec:eee:eecrev:v:125:y:2020:i:c:s001429212030043x
Journal Field
General
Author Count
4
Added to Database
2026-01-25