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Book Cover
E-book
Author Felder, Stefan

Title Medical decision making : a health economic primer / Stefan Felder, Thomas Mayrhofer
Published Heidelberg : Springer, ©2011

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Description 1 online resource (xvii, 200 pages) : illustrations
Contents 1 Introduction -- 2 Basic Tools in Medical Decision Making -- 3 Expected Utility, Risk Aversion and Prudence -- 4 Treatment Decisions Without Diagnostic Tests -- 5 Treatment Decisions with Diagnostic Tests -- 6 Treatment Decisions Under Comorbidity Risk -- 7 Optimal Strategy for Multiple Diagnostic Tests -- 8 The Optimal Cutoff Point of a Diagnostic Test -- 9 A Test's Total Value of Informations -- 10 Valuing¡Health and Life -- 11 Conclusion.¡
Summary This textbook offers a comprehensive theory of medical decision making under uncertainty, combining informative test theory with the expected utility hypothesis. The book shows how the parameters of Bayes' theorem can be combined with a value function of health states to arrive at informed test and treatment decisions. The authors distinguish between risk neutral, risk averse and prudent decision makers and demonstrate the effects of risk preferences on physicians' decisions. They analyze individual tests, multiple tests and endogenous tests where the test result is determined by the decision maker. Finally, the topic is examined in the context of health economics by introducing a trade-off between enjoying health and consuming other goods, so that the extent of treatment and thus the potential improvement in the patient's health become endogenous. ¡
Bibliography Includes bibliographical references and index
Notes English
Print version record
Subject Medicine -- Decision making
Decision making -- Mathematical models.
Diagnosis.
Decision making.
Medical economics.
Decision Support Techniques
Diagnosis
Decision Making
Diagnostic Tests, Routine -- economics
Diagnostic Tests, Routine -- statistics & numerical data
Economics, Medical
diagnosis.
decision making.
Medicine -- Decision making.
Decision Support Techniques.
Diagnosis.
Decision making.
Diagnostic Tests, Routine -- economics.
Diagnostic Tests, Routine -- statistics & numerical data.
Economics, Medical.
Science économique.
Affaires.
Medical economics
Diagnosis
Decision making -- Mathematical models
Decision making
Medicine -- Decision making
Form Electronic book
Author Mayrhofer, Thomas
LC no. 2011934360
ISBN 9783642183300
3642183301