ANALISIS DE ECONOMIA PUBLICA Y BIENESTAR

ECO2012-36480

Nombre agencia financiadora Ministerio de Economía y Competitividad
Acrónimo agencia financiadora MINECO
Programa Programa Nacional de Investigación Fundamental
Subprograma Investigación fundamental no-orientada
Convocatoria Proyectos de Investigación Fundamental No-Orientada
Año convocatoria 2012
Unidad de gestión Dirección General de Investigación Científica y Técnica
Centro beneficiario UNIVERSIDAD PABLO DE OLAVIDE DE SEVILLA (UPO)
Centro realización FACULTAD DE CIENCIAS EMPRESARIALES - DEPARTAMENTO DE ECONOMÍA, MÉTODOS CUANTITATIVOS E HISTORIA ECONÓMICA
Identificador persistente http://dx.doi.org/10.13039/501100003329

Publicaciones

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Risk attitudes in medical decisions for others: an experimental approach

Academica-e. Repositorio Institucional de la Universidad Pública de Navarra
  • Arrieta, Alejandro
  • González, Paula
  • Pinto Prades, José Luis
  • García Prado, Ariadna
The aim of this paper is to investigate how risk attitudes in medical decisions for others vary across health contexts. A lab experiment was designed to elicit the risk attitudes of 257 medical and nonmedical students by assigning them the role of a physician who must decide between treatments for patients. An interval regression model was used to estimate individual coefficients of relative risk aversion, and an estimation model was used to test for the effect of type of medical decision and experimental design characteristics on elicited risk aversion. We find that (a) risk attitudes vary across different health contexts, but risk aversion prevails in all of them; (b) students enrolled in health‐related degrees show a higher degree of risk aversion; and (c) real rewards for third parties (patients) make subjects less risk‐averse. The results underline the importance of accounting for attitudes towards risk in medical decision making., Ministerio de Ciencia y Tecnología and FEDER, Grant numbers: ECO2012‐3648, ECO2013‐43526‐R, ECO2015‐65031‐R and ECO2015‐65408‐R; Junta de Andalucía, Grant number: SEJ‐04992