Helping patients and physicians reach individualized medical decisions: theory and application to prenatal diagnostic testing |
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Authors: | Edi Karni Moshe Leshno Sivan Rapaport |
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Institution: | 1. Department of Economics, Johns Hopkins University, Baltimore, MD, USA 2. Faculty of Management, Tel Aviv University, Tel Aviv, Israel 3. Columbia Business School, Columbia University, Manhattan, NY, USA
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Abstract: | This paper presents a procedure designed to aid physicians and patients in the process of making medical decisions, and illustrates its implementation to aid pregnant women, who decided to undergo prenatal diagnostic test choose a physician to administer it. The procedure is based on a medical decision-making model of Karni (J Risk Uncertain 39: 1–16, 2009). This model accommodates the possibility that the decision maker’s risk attitudes may vary with her state of health and incorporates other costs, such as pain and inconvenience, associated with alternative treatments. The medical decision problem was chosen for its relative simplicity and the transparency it affords. |
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