The Role of Economic Efficiency in Medical Malpractice Reform Policy

International Journal of Business and Public Administration, Vol. 5, No. 2, pp. 20-33, Summer 2008

Posted: 10 Sep 2011

See all articles by Ben Boozer

Ben Boozer

Jacksonville State University (Florida)

Christopher Westley

Florida Gulf Coast University

Robert J. Landry

Jacksonville State University - College of Commerce and Business Administration

Date Written: July 9, 2008

Abstract

Through an analysis of medical malpractice votes, a measure of economic efficiency was found to be a statistically significant contributor to a vote for medical malpractice reform. This paper argues that vote models should include such a measure as a supplement to traditional measures of self-interest and ideology that explain legislator behavior. Self-interest and ideology reflect normative characteristics of a representative, while economic efficiency considers maximization of net benefits of policy formulation and is positive. Including economic efficiency in voting models offers insight as to the type of polices that are chosen and frames the legislator’s voting decision in economic terms through a consideration of the aggregate effect of such policymaking.

Keywords: health care economics, law and economics, malpractice, tort law

JEL Classification: I11, K13, K4

Suggested Citation

Boozer, Ben and Westley, Christopher and Landry, Robert J., The Role of Economic Efficiency in Medical Malpractice Reform Policy (July 9, 2008). International Journal of Business and Public Administration, Vol. 5, No. 2, pp. 20-33, Summer 2008. Available at SSRN: https://ssrn.com/abstract=1925134

Ben Boozer

Jacksonville State University (Florida) ( email )

11901 Beach Blvd.
Jacksonville, FL 32246
United States

Christopher Westley (Contact Author)

Florida Gulf Coast University ( email )

Ft. Myers, FL 33965-6565
United States

Robert J. Landry

Jacksonville State University - College of Commerce and Business Administration ( email )

Merrill Building 102C
700 Pelham Road
Jacksonville, AL 36265
United States
2567828419 (Phone)

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