Medical Associations, Medical Education and Training on the Job
This study analyzes the impact of medical associations (MAs) on physician income and standards of medical education and training on the job. Higher standards increase the probability of adequate treatment of patients. It can be shown that the older generations of physicians exploit the younger ones by either implementing seniority payments or by setting a higher standard for medical education and a lower standard for training on the job than the health authority. The rents which can be achieved by the physicians accrue only to the older generations who initially set up the MA. Abolishing the system in favor of individual contracting, therefore, requires considerations about a compensation of currently older physicians. (JEL classification: I11) Copyright 2006, Oxford University Press.
Volume (Year): 52 (2006)
Issue (Month): 3 (September)
|Contact details of provider:|| Postal: |
Phone: +49 (89) 9224-0
Fax: 01865 267 985
Web page: http://cesifo.oxfordjournals.org/
More information through EDIRC
|Order Information:||Web: http://www.oup.co.uk/journals|
When requesting a correction, please mention this item's handle: RePEc:oup:cesifo:v:52:y:2006:i:3:p:548-564. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.