{"id":3948,"date":"2021-06-12T22:18:46","date_gmt":"2021-06-12T14:18:46","guid":{"rendered":"https:\/\/www.ukm.my\/jem\/?post_type=article&#038;p=3948"},"modified":"2021-09-09T12:29:58","modified_gmt":"2021-09-09T04:29:58","slug":"principal-agent-relationship-in-medical-care-eliciting-patients-preferences-in-patient-doctor-relationship","status":"publish","type":"article","link":"https:\/\/www.ukm.my\/jem\/article\/principal-agent-relationship-in-medical-care-eliciting-patients-preferences-in-patient-doctor-relationship\/","title":{"rendered":"Principal-Agent Relationship in Medical Care: Eliciting Patients&#8217; Preferences in Patient-Doctor Relationship"},"content":{"rendered":"<p>As implicated in principal-agent theory, responding to patients&#8217; needs and preferences should be the fundamental objective and be taken into consideration in designing of a health care financing system. This study attemps to characterize the patient&#8217;s preferences for information, this the utility function, during clinical consultation. An empirical study was carried out the context of a Malaysian health care setting involving 108 and 50 diabetic patients from a public and a private hospital\u00a0 respectively. Result from the analysis showed that diabetic pantients from both the hospitals gave priority to the quality rather than the quantity of information transferred. Socio-economic characteristics of the patient were introduced into the model in the form of interaction terms explained how preferences varied across patients.<\/p>\n","protected":false},"template":"","tags":[],"jel-code":[],"article-type":[1329],"class_list":["entry","author-bader","post-3948","article","type-article","status-publish","article-type-normal-article"],"_links":{"self":[{"href":"https:\/\/www.ukm.my\/jem\/wp-json\/wp\/v2\/article\/3948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ukm.my\/jem\/wp-json\/wp\/v2\/article"}],"about":[{"href":"https:\/\/www.ukm.my\/jem\/wp-json\/wp\/v2\/types\/article"}],"version-history":[{"count":1,"href":"https:\/\/www.ukm.my\/jem\/wp-json\/wp\/v2\/article\/3948\/revisions"}],"predecessor-version":[{"id":3952,"href":"https:\/\/www.ukm.my\/jem\/wp-json\/wp\/v2\/article\/3948\/revisions\/3952"}],"wp:attachment":[{"href":"https:\/\/www.ukm.my\/jem\/wp-json\/wp\/v2\/media?parent=3948"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ukm.my\/jem\/wp-json\/wp\/v2\/tags?post=3948"},{"taxonomy":"jel-code","embeddable":true,"href":"https:\/\/www.ukm.my\/jem\/wp-json\/wp\/v2\/jel-code?post=3948"},{"taxonomy":"article-type","embeddable":true,"href":"https:\/\/www.ukm.my\/jem\/wp-json\/wp\/v2\/article-type?post=3948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}