As reported in Gaynor and Gertler s paper, more than 60 percent of US physicians practice in some.

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As reported in Gaynor and Gertler s paper, more than 60 percent of US physicians practice in some type of group setting. a. List the pros and cons of group practices as compared to solo practice. That is, what benefits can physicians receive if they join the group practice, and what costs do physicians or society as a whole need to pay for group practices? b. Which of the following doctors are more likely to join group practices, other things being equal? Explain your answers. i. risk-averse versus risk-neutral physicians; ii. young versus mature physicians; iii. male versus female physicians.

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