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HEALTH ECONOMICS: A BEHAVIORAL ECONOMICS APPROACH

Virgiliu Ghitulescu, S. Stancu, A. Petrica

First published: 2018https://doi.org/10.5593/sgemsocial2018/1.4/S04.047View metrics

Abstract

The economics has been regarded as an applied field in the economy, essentially an application of the neoclassical economy of well-being and in close connection with medical sciences and medical technology. In the scientific-didactic journal no. 1 (103) / 2018 of the Academy of Economic Studies of Moldova, we have argued that the incentives to reduce the cost per case is the motivation of payment per case as a prevailing element. Case-based funding is induced by the conviction that hospitals have many opportunities to save money by operating more efficiently and providing a cost-effective case mix index (CMI), case-based hospital based hospitals advantage. In light of the rationale started from the foregoing considerations, we will propose a dispersion analysis model based on two independent variables, the so-called two-way ANOVA model with interactions. Two psychological factors are proposed for experimentation: learning coding and motivation at two levels resulting in a two by two design. For practical reasons, we will study the effects of coding learning for units with an CMI below the regional average of the regional hospital subject to analysis, coding learning for units with an CMI above the hospital average and motivation for surgical unit and medical unit. Twelve units were selected in four combinations, and three units were made available for each combination, and the dependent variable was the revenue generated. In the experimental program, three effects were estimated, of which: two main effects of the learning and motivation factors and an interaction effect of the two factors. Three hypotheses have also been tested. After applying the bifactorial ANOVA model with interactions, the Supposedly Irrelevant Factors identified by Richard Thaler come to complete the study, so going through these steps makes future research into the field.

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Publication details

Title
HEALTH ECONOMICS: A BEHAVIORAL ECONOMICS APPROACH
Authors
Virgiliu Ghitulescu, S. Stancu, A. Petrica
Proceedings
5th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2018
Publisher
STEF92 Technology
Year
2018
Pages
367-374
SWS Citekey
Ghitulescu20184367374
ISSN
2367-5659
ISBN
978-619-7408-64-5
Language
en
Publication type
Proceedings Paper
Proceedings contents
Open official contents
Keywords
References10
  1. Ghitulescu V., Stancu S., Petrică A., Partachi I., Tindeche A., Lita I., Wang X., Behavioural Economics in the health care system, Economica ASEM, Moldova, vol. 1 (103), p. 102, 2018.

  2. Ghitulescu V., Stancu S., Petrica A., Modeling the Impact of Psychological Factors on the Behavior of Economic Agents in the Health System, International Journal of Emerging Research in Management & Technology, Romania, p. 51, 2017

  3. Hansen F., Anell A., Gerdtham U., Lyttkens C., The future of health economics: the potential of behavioral and experimental economics, Department of Economics, Lund University, Sweden, pp. 10-11, 2013

  4. Iosifescu M., Moineagu C., Trebici V., Ursianu E., Mica enciclopedie de statistica, Editura: Stiintifica si Enciclopedica, Romania, p. 314, 1985

  5. Mayers A., Introduction to Statistics and SPSS in Psychology, Pearson Education Limited, United Kingdom, pp. 234-242, 2013

  6. Mihoc G., Urseanu V., Ursianu E, Modele de analiza statistica, Editura: Stiintifica si Enciclopedica, Romania, pp. 224-249, 1982

  7. Rateau P., Metodele si statisticile experimentale in stiintele umane, Polirom, Romania, p. 113, 2004

  8. Samson A., The Behavioral Economics Guide 2017, Samson, A. (Ed.), United States of America, p. 100, 2017

  9. Thaler R., Comportament Inadecvat, Nașterea economiei comportamentale, Editura Publica, Romania, pp. 87-89, 2015

  10. Thaler, R., Richard H. Thaler: Integrating Economics with Psychology, Scientific Background on the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2017, The Royal Swedish Academy Of Sciences, Sweden, p. 14, 2017

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