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Medical decision making = a health e...

Felder, Stefan.

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Medical decision making = a health economic primer /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Medical decision making/ by Stefan Felder, Thomas Mayrhofer.
Reminder of title:	a health economic primer /
Author:	Felder, Stefan.
other author:	Mayrhofer, Thomas.
Published:	Berlin, Heidelberg :Springer Berlin Heidelberg : : 2017.,
Description:	xx, 253 p. :ill., digital ;24 cm.
[NT 15003449]:	Introduction -- Basic Tools in Medical Decision Making -- Preferences, Expected Utility, Risk Aversion and Prudence -- Treatment Decisions Without Diagnostic Tests -- Treatment Decisions with Diagnostic Tests -- Treatment Decisions Under Comorbidity Risk -- Optimal Strategy for Multiple Diagnostic Tests -- The Optimal Cutoff Value of a Diagnostic Test -- A Test's Total Value of Information -- Valuing Health and Life -- Imperfect Agency and Non-expected Utility Models.
Contained By:	Springer eBooks
Subject:	Medicine - Decision making. -
Online resource:	http://dx.doi.org/10.1007/978-3-662-53432-8
ISBN:	9783662534328

Medical decision making = a health economic primer /
Felder, Stefan.

Medical decision makinga health economic primer /[electronic resource] :by Stefan Felder, Thomas Mayrhofer. - 2nd ed. - Berlin, Heidelberg :Springer Berlin Heidelberg :2017. - xx, 253 p. :ill., digital ;24 cm.

Introduction -- Basic Tools in Medical Decision Making -- Preferences, Expected Utility, Risk Aversion and Prudence -- Treatment Decisions Without Diagnostic Tests -- Treatment Decisions with Diagnostic Tests -- Treatment Decisions Under Comorbidity Risk -- Optimal Strategy for Multiple Diagnostic Tests -- The Optimal Cutoff Value of a Diagnostic Test -- A Test's Total Value of Information -- Valuing Health and Life -- Imperfect Agency and Non-expected Utility Models.

This textbook offers a comprehensive analysis of medical decision making under uncertainty by combining Test Information Theory with Expected Utility Theory. 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 outcome is chosen by the decision maker. Moreover, 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 becomes endogenous. Finally, non-expected utility models of choice under risk and uncertainty (i.e., ambiguity) are presented. While these models can explain observed test and treatment decisions, they are not suitable for normative analyses aimed at providing guidance on medical decision making.

ISBN: 9783662534328

Standard No.: 10.1007/978-3-662-53432-8doiSubjects--Topical Terms:

761471
Medicine
--Decision making.

LC Class. No.: R723.5 / .F45 2017

Dewey Class. No.: 610

Medical decision making = a health economic primer /
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100 1 $a Felder, Stefan. $3 3226837
245 1 0 $a Medical decision making $h [electronic resource] : $b a health economic primer / $c by Stefan Felder, Thomas Mayrhofer.
250 $a 2nd ed.
260 $a Berlin, Heidelberg : $b Springer Berlin Heidelberg : $b Imprint: Springer, $c 2017.
300 $a xx, 253 p. : $b ill., digital ; $c 24 cm.
505 0 $a Introduction -- Basic Tools in Medical Decision Making -- Preferences, Expected Utility, Risk Aversion and Prudence -- Treatment Decisions Without Diagnostic Tests -- Treatment Decisions with Diagnostic Tests -- Treatment Decisions Under Comorbidity Risk -- Optimal Strategy for Multiple Diagnostic Tests -- The Optimal Cutoff Value of a Diagnostic Test -- A Test's Total Value of Information -- Valuing Health and Life -- Imperfect Agency and Non-expected Utility Models.
520 $a This textbook offers a comprehensive analysis of medical decision making under uncertainty by combining Test Information Theory with Expected Utility Theory. 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 outcome is chosen by the decision maker. Moreover, 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 becomes endogenous. Finally, non-expected utility models of choice under risk and uncertainty (i.e., ambiguity) are presented. While these models can explain observed test and treatment decisions, they are not suitable for normative analyses aimed at providing guidance on medical decision making.
650 0 $a Medicine $x Decision making. $3 761471
650 1 4 $a Economics. $3 517137
650 2 4 $a Health Economics. $3 820895
650 2 4 $a Public Health. $3 624351
650 2 4 $a Health Care Management. $3 2054807
650 2 4 $a Epidemiology. $3 568544
650 2 4 $a Operation Research/Decision Theory. $3 1620900
650 2 4 $a Statistics for Life Sciences, Medicine, Health Sciences. $3 891086
700 1 $a Mayrhofer, Thomas. $3 3226838
710 2 $a SpringerLink (Online service) $3 836513
773 0 $t Springer eBooks
856 4 0 $u http://dx.doi.org/10.1007/978-3-662-53432-8
950 $a Economics and Finance (Springer-41170)