The treatment decision under uncertainty: The effects of health, wealth and the probability of death.
J Health Econ
; 69: 102253, 2020 01.
Article
en En
| MEDLINE
| ID: mdl-31901575
ABSTRACT
Medical treatment reduces diagnostic risk, increases therapeutic risk and lowers the probability of death. This paper analyzes the effects of initial health, wealth and the probability of death on the propensity to treat under diagnostic and therapeutic risk. It shows that treatment propensity increases with the probability of death, but can decrease with the severity of illness. The effect of wealth depends on the cross-derivative of the utility function with respect to health and wealth. These results have implications for treatment decisions at the end of life.
Palabras clave
Texto completo:
1
Colección:
01-internacional
Base de datos:
MEDLINE
Asunto principal:
Clase Social
/
Estado de Salud
/
Incertidumbre
/
Toma de Decisiones Clínicas
Tipo de estudio:
Prognostic_studies
Aspecto:
Determinantes_sociais_saude
/
Patient_preference
Límite:
Humans
Idioma:
En
Revista:
J Health Econ
Asunto de la revista:
HOSPITAIS
/
SERVICOS DE SAUDE
Año:
2020
Tipo del documento:
Article