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The agency problem in healthcare and the importance of incentives


Cerović, Ljerka; Dukić, Nikolina; Horvat, Tijana
The agency problem in healthcare and the importance of incentives // Knowledge and Business Challenges of Globalisation in 2012 / Merkač, Skok M. ; Cingula, M. (ur.).
Celje: Faculty of Commercial and Business Sciences, 2012. str. 61-68 (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), znanstveni)


Naslov
The agency problem in healthcare and the importance of incentives

Autori
Cerović, Ljerka ; Dukić, Nikolina ; Horvat, Tijana

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Knowledge and Business Challenges of Globalisation in 2012 / Merkač, Skok M. ; Cingula, M. - Celje : Faculty of Commercial and Business Sciences, 2012, 61-68

ISBN
978-961-6825-67-2

Skup
4th International Scientific Conference “Knowledge and Business Challenges of Globalisation in 2012”

Mjesto i datum
Celje, Slovenija, 15-16.11.2012

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Information asymmetry ; Incentive compatible contract ; Health care efficiency ; Resource allocation ; Healthcare payment systems

Sažetak
The agency problem in healthcare is caused by information asymmetry between the principal and the agent and is different than the agency problem in other economic fields due to the specificities of healthcare systems. Although other principal-agent relationships are present in healthcare, the most common one is the one between the patient - principal, and his physician - agent. Bearing in mind that there is a certain conflict of interests between the patient and the physician, the ultimate goal is to create an incentive compatible contract which will maximize utility of both the principal and the agent. A well designed payment system in healthcare has a great importance in influencing physicians’ behavior and when determining the payment system which will contribute the most to the motivation of the physician to maximize the patient’s utility, the guiding principles should be optimal use of resources and effective resource allocation to ensure an efficient healthcare system.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija



POVEZANOST RADA


Projekt / tema
081-0811272-1276 - Koncepti i metode troškovnog računovodstva u javnom sektoru Republike Hrvatske (Mira Dimitrić, )

Ustanove
Ekonomski fakultet, Rijeka