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The Rising Price of Physicians' Services: A Clarification

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  • Brown, Douglas
  • Feldstein, Martin S
  • Lapan, Harvey

Abstract

Several years ago, one of us presented a model of the market for physicians' services (Feldstein, 1970). In a subsequent comment, Brown and Lapan ( 1972) raised several questions about the model and the conclusions. Unfortunately, this comment and the reply by Feldstein ( 1972) left a number of issues unsettled. Some of the disagreement was based on misunderstanding and on drawing infer­ ences from different theoretical models. After the publication of the comment and reply, we continued to pursue the basis of our disagreements. The cur­ rent note is an attempt to clarify the issues that were raised but not resolved in the previous ex­ change.
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Suggested Citation

  • Brown, Douglas & Feldstein, Martin S & Lapan, Harvey, 1974. "The Rising Price of Physicians' Services: A Clarification," The Review of Economics and Statistics, MIT Press, vol. 56(3), pages 396-398, August.
    • Handle: RePEc:tpr:restat:v:56:y:1974:i:3:p:396-98
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    Cited by:

    1. Robert G. Evans, 1976. "Does Canada have too many doctors? - Why nobody loves an immigrant physician," Canadian Public Policy, University of Toronto Press, vol. 2(2), pages 147-160, Spring.

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