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Liability for Medical Malpractice

Bibliographic Data

ID14855673
AuthorsPatricia M Danzon (0000-0002-7236-5194, Professor of Health Care Systems and Insurance, The Wharton School, University of Pennsylvania, Philadelphia, Pennsylvania., corresponding author)
Year1991
Volume5
Issue3
Pages51-69
Publication date1991-08-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Journal of Economic Perspectives (JOURNAL)
Journal identifiersISSN: 0895-3309 • E-ISSN: 1944-7965
PublisherAmerican Economic Association (PUBLISHER • US)
DOI10.1257/jep.5.3.51
OpenAlexW1991183847
LanguageEN
Citations received4
References cited10

Physicians and other medical providers are subject to a negligence rule of liability. In a simple model, with perfect information and homogeneous physicians, a negligence rule of liability with an appropriately defined due care standard should induce complete compliance: there should be no malpractice, no malpractice claims, and no demand for malpractice insurance. The malpractice experience is seriously at odds with this prediction. First, what goes wrong? Second, if the system does indeed operate imperfectly, does it yield benefits in terms of injuries deterred that outweigh the high overhead costs of operating a liability system

Actuarial science · Business · Economics · Insurance policy · Law and economics · Liability · Liability insurance · Malpractice · Medical malpractice · Odds · Political science · Healthcare Policy and Management · Law · Law, Economics, and Judicial Systems · Legal principles and applications · Medicine · Finance

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Unique citing works4
Citations per year0,14
Citation span1998 - 2025 (28)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 3

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