Fiche du document
- handle: 10670/1.yr7lrb
- hal: hal-03048860
- doi: 10.1007/s11238-020-09750-8
- WOS: 000559310100002
Ce document est lié à :
info:eu-repo/semantics/altIdentifier/doi/10.1007/s11238-020-09750-8
info:eu-repo/semantics/OpenAccess
Sujets proches
Loathing Disrelish Disgust Distaste Repugnance Antipathy Abhorrence DislikeCiter ce document
Hal Bleichrodt et al., « Risk aversion and the value of diagnostic tests », HAL-SHS : économie et finance, ID : 10.1007/s11238-020-09750-8
Métriques
Partage / Export
Résumé
Diagnostic tests allow better informed medical decisions when there is uncertainty about a patient’s health status and, therefore, about the desirability to undertake treatment. This paper studies the relation between the expected value of diagnostic information and apatient's risk aversion. We show that the ex ante value of diagnostic information increaseswith risk aversion for diseases with low prevalence, but decreases with risk aversion for diseases with high prevalence. On the other hand, the ex post value of diagnostic information always increases with the patient's degree of risk aversion.