Felder, Stefan; Mayrhofer, Thomas - Rheinisch-Westfälisches Institut für … - 2011
characteristics are endogenous – by the optimal cutoff value for testing. For a risk-averse decision maker, treatment is a risk … risk neutrality, risk aversion thus reduces both the test and the treatment threshold and decreases the optimal cutoff … cutoff. Finally, temperance plays a role if the comorbidity risk is left-skewed. It lowers the thresholds and the optimal …