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In this paper we present a general model that enables us to better understand the decision of a patient whether or not to participate in a treatment, and, if so, the optimal timing for the treatment, from his point of view. The model takes into account both "objective information" which...
Persistent link: https://www.econbiz.de/10009214907
In this paper we consider a type of bias which stems from the mathematical algorithm often used to determine an optimal match between two groups. We compare two different solution concepts for the matching assignment problem: the traditionally stable solution vs. a multiplicative utility...
Persistent link: https://www.econbiz.de/10009197643
Risk attitude and time preference are well-known and distinct concepts in the study of individuals' preferences for goods such as money. This paper reviews and explores the application of these concepts to the field of health. A mathematical model is presented, both in a general form and in an...
Persistent link: https://www.econbiz.de/10009203686