TY - JOUR
T1 - Do physicians respond to liability standards?
AU - Frakes, Michael
AU - Frank, Matthew B.
AU - Seabury, Seth
N1 - Publisher Copyright:
© 2015 Mohr Siebeck.
PY - 2015/3
Y1 - 2015/3
N2 - We explore the sensitivity of the clinical decisions of physicians to the standards of care expected of them under the law, drawing on the abandonment by states over time of rules holding physicians to standards determined by local customs and the contemporaneous adoption of national-standardrules.Using data on broad rates of surgical interventions at the county-by-year level from the Area Resource File, we find that local surgery rates converge towards national surgery rates upon the adoption of national-standard rules. Moreover, we find that these effects are more pronounced among rural counties.
AB - We explore the sensitivity of the clinical decisions of physicians to the standards of care expected of them under the law, drawing on the abandonment by states over time of rules holding physicians to standards determined by local customs and the contemporaneous adoption of national-standardrules.Using data on broad rates of surgical interventions at the county-by-year level from the Area Resource File, we find that local surgery rates converge towards national surgery rates upon the adoption of national-standard rules. Moreover, we find that these effects are more pronounced among rural counties.
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U2 - 10.1628/093245615X14188909230136
DO - 10.1628/093245615X14188909230136
M3 - Article
AN - SCOPUS:84942591519
SN - 0932-4569
VL - 171
SP - 58
EP - 77
JO - Journal of Institutional and Theoretical Economics
JF - Journal of Institutional and Theoretical Economics
IS - 1
ER -