Motivation and competition in health care

Anthony Scott, Peter Sivey

Research output: Contribution to journalArticleResearchpeer-review

2 Citations (Scopus)

Abstract

Non-pecuniary sources of motivation are a strong feature of the health care sector and the impact of competitive incentives on behavior may be lower where pecuniary motivation is low. This paper measures the marginal utility of income (MUY) of physicians from a stated-choice experiment, and examines whether this measure influences the association between competition faced by physicians and the prices they charge. We find that physicians are more likely to exploit a lack of competition with higher prices if they have a high MUY.

Original languageEnglish
Pages (from-to)1695-1712
Number of pages18
JournalHealth Economics
Volume31
Issue number8
DOIs
Publication statusPublished - Aug 2022
Externally publishedYes

Keywords

  • competition
  • financial incentives
  • motivation
  • physicians

Cite this