Dundee Discussion Papers in Economics 124: Contracts in the National Health Service: an empirical study

Martin Chalkley, Duncan McVicar

    Research output: Working paperDiscussion paper

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    Abstract

    Contracts for health services in the British National Health Service (NHS) take a number of different forms. This paper reviews and then tests the economic theory of contracts as applied to the provision of health services. We find that contracts used in the NHS can be reconciled with predictions from contract theory, that there is stronger evidence of incentives than of risk sharing influencing the form of contract used and that the presence of clinicians in contract negotiations affects the form of contract used in a way that is consistent with them reflecting the interests of patients. We consider the implications of these findings for policy towards publicly funded health services.
    Original languageEnglish
    PublisherUniversity of Dundee
    Publication statusPublished - 2001

    Publication series

    NameDundee Discussion Papers in Economics
    PublisherUniversity of Dundee
    No.124
    ISSN (Print)1473-236X

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