IDEAS home Printed from https://ideas.repec.org/h/spr/sptchp/978-3-662-59568-8_3.html
   My bibliography  Save this book chapter

Theoretical Concepts for the Assessment of Managed Care

In: Healthcare Management

Author

Listed:
  • Volker Eric Amelung

    (Hannover Medical School
    Institute of Health Sciences Research INAV GmbH)

Abstract

The following section is particularly directed at readers who are interested in theory. Using the two main approaches of the new institutional economics (Schauenberg et al. 2005; Coase 1988, 1993; Demsetz 1967, 1968, 1988; North 1991; Jensen and Meckling 1976; Hart and Moore 1990; Furubotn and Pejovich 1974; Alchian and Demsetz 1972; Sloan 1988), certain fundamental ideas will be introduced about the design of institutions as well as incentive and monitoring systems. The transaction cost theory (Williamson 1975, 1985, 1986, 1993; Windsperger 1996) offers a method for analysing the assessment of vertical integration along the value chain and, thus, for evaluating integrated care systems, among other things. The principal-agent theory (Pratt and Zeckhauser 1985; Pauly 1968; Mooney 1993; Akerlof 1970; Arrow 1963) is concentrated on delegation relations and their inherent information asymmetries. There is hardly another field in which the considerable information asymmetries are so clear between those who delegate tasks (e.g. the patient) and those who carry out the tasks (e.g. a physician). The principal-agent theory investigates how contracts can best be designed in such a configuration.

Suggested Citation

  • Volker Eric Amelung, 2019. "Theoretical Concepts for the Assessment of Managed Care," Springer Texts in Business and Economics, in: Healthcare Management, edition 2, chapter 3, pages 27-42, Springer.
    • Handle: RePEc:spr:sptchp:978-3-662-59568-8_3
    DOI: 10.1007/978-3-662-59568-8_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sptchp:978-3-662-59568-8_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.