Jonathan Kolstad Wins iHEA 'Best Paper in Health Economics' Award
The International Health Economics Association (iHEA) has named Wharton School faculty member and LDI Senior Fellow Jonathan Kolstad winner of its annual Arrow Award for the Best Paper in Health Economics. The honored work -- "Information and Quality When Motivation is Intrinsic: Evidence from Surgeon Report Cards" -- was published in the American Economic Review. The award will be presented at a ceremony in January, 2015.
The iHEA announcement notes, "This paper is important because clinical specialists, such as surgeons, lie at the heart of the health care system and their decisions shape the allocation of resources within the system."
"Empirical evidence that enhances our understanding of their motives and behavior contributes to the debate on the merits of reporting schemes, the value of providing information on clinical quality and outcomes and how this is shaped by the market and regulatory environment."
"The paper suggests that the impact of report cards is driven by the way clinicians view their own performance, relative to their peers, more than the way in which public release of the information influences patient demand."
Kolstad, PhD, is an Assistant Professor of Health Care Management at the University of Pennsylvania's Wharton School.