[wingspar]

>why doctors have a skewed perception of the liklihood of being sued (that part is apparently not controversial in the literature).

The correct place to look is not the perception of doctors, but the conclusions from actuarials in the setting if insurance rates.

If it was just a perception bias in the doctors, then it wouldn’t be reflected in the insurance premiums.

[TeMPOraL]

Doesn't insurance take perception into account too? If the true chance of a lawsuit is X, but doctors believe it's some Y that's greater than X, then an insurance company could price this as if it was Y, and get (Y-X) in free money. Is there enough competition in this space to prevent that?