Abstract:Abstract. Errors in the field of medicine are costly, both in terms of monetary expenses and the cost of lives. Computerbased decision aids have been shown to decrease physician error. These decision aids decreased many types of errors, reduced hospital admissions and costs and fostered the implementation of evidence-based medicine. However, patients give lower ratings to physicians who use such aids on many variables (diagnostic ability, professionalism, overall satisfaction with exam).The current research at… Show more
We study the problem a diagnostic expert (e.g., a physician) faces when offering a diagnosis to a client (e.g., a patient) and show that information asymmetry about the expert’s diagnostic ability may result in undertesting in the equilibrium.
We study the problem a diagnostic expert (e.g., a physician) faces when offering a diagnosis to a client (e.g., a patient) and show that information asymmetry about the expert’s diagnostic ability may result in undertesting in the equilibrium.
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