Principal/agent Theory and Decisionmaking in Health Care.

Abstract

Principal/agent theory, an economics concept that defines an agency relationship as "a contract under which one or more persons engage another person (the agent) to perform some service on their behalf which involves delegating some decision-making authority to the agent," is held to be applicable to the patient/physician relationship, in contrast to the… (More)
DOI: 10.1111/j.1467-8519.1988.tb00057.x

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