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Choice of Technique

In: The Economics of Health and Medical Care

Author

Listed:
  • Michael Kaser

    (St Antony’s College)

Abstract

A characteristic of medical care supply is the degree of freedom in choice of technique open to the supplier, normally a physician, within the limits or physical availabilities by place and by time in relation to the patient. In view of the rapidly increasing volume of alternative technologies in general, and of information on a patient’s condition in particular cases, the clinical evaluation of therapies (efficacy) is urgently required with respect to resources applied (efficiency) and to the resultant health outcome (effectiveness), Health outcomes are not thereby rendered commensurate and remain, in practice, selected by the physician, whose clinical freedom is nevertheless guided towards a cost minimand suitable for a National Health Service-type system.

Suggested Citation

  • Michael Kaser, 1974. "Choice of Technique," International Economic Association Series, in: Mark Perlman (ed.), The Economics of Health and Medical Care, chapter 25, pages 510-537, Palgrave Macmillan.
  • Handle: RePEc:pal:intecp:978-1-349-63660-0_25
    DOI: 10.1007/978-1-349-63660-0_25
    as

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