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The Future of Health Economics
Fuchs, Victor R. - 1999
This paper discusses health economics as a behavioral science and as input into health policy and health services research. I illustrate the dual role with data on publications and citations of two leading health economics journals and three leading American health economists. Five important,...
Persistent link: https://www.econbiz.de/10012471405
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Statistical Treatment Rules for Heterogeneous Populations : With Application to Randomized Experiments
Manski, Charles F. - 1999
This paper uses Wald's concept of the risk of a statistical decision function to address the question: How should sample data on treatment response be used to guide treatment choices in a heterogeneous population? Statistical treatment rules (STRs) are statistical decision functions that map...
Persistent link: https://www.econbiz.de/10012471689
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Probabilistic Prediction for Binary Treatment Choice : with Focus on Personalized Medicine
Manski, Charles F. - National Bureau of Economic Research - 2021
This paper extends my research applying statistical decision theory to treatment choice with sample data, using maximum … in indirect ways, the former applying classical statistical theory and the latter measuring prediction accuracy in test … samples. Neither approach is satisfactory. Statistical decision theory provides a coherent, generally applicable methodology …
Persistent link: https://www.econbiz.de/10012660036
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Herding with Heterogeneous Ability : An Application to Organ Transplantation
Mel, Stephanie de; Munshi, Kaivan; Reiche, Soenje; … - National Bureau of Economic Research - 2021
There are many economic environments in which an object is offered sequentially to prospective buyers. It is often observed that once the object for sale is turned down by one or more agents, those that follow do the same. One explanation that has been proposed for this phenomenon is that agents...
Persistent link: https://www.econbiz.de/10012660090
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Climate Change Uncertainty Spillover in the Macroeconomy
Barnett, Michael; Brock, William A.; Hansen, Lars Peter - National Bureau of Economic Research - 2021
in the future. We appeal to decision theory under risk, model ambiguity and misspecification concerns to provide an …
Persistent link: https://www.econbiz.de/10012599354
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A Synthetic Model of Disruption and Experimentation
Gans, Joshua - National Bureau of Economic Research - 2021
This paper examines how a firm's choice of the type of experiment impacts on its potential exploitation of new technological opportunities. It does so in the context of the failure of successful firms (or disruption) where the literature has informally suggested that firms undertake errors in...
Persistent link: https://www.econbiz.de/10012599381
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Who Protests, What Do They Protest, and Why?
Chenoweth, Erica; Hamilton, Barton Hughes; Lee, Hedwig; … - National Bureau of Economic Research - 2022
We examine individuals' decisions to attend protests during the summer of 2020. Our analysis examines two simultaneous movements: Black Lives Matter along with protests calling for less stringent public health measures to combat the COVID-19 (e.g., for swifter reopening of businesses). Our...
Persistent link: https://www.econbiz.de/10013191081
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"When Anything Can Happen" : Anticipated Adversity and Postsecondary Decision-Making
DeLuca, Stefanie; Papageorge, Nicholas W.; Boselovic, … - National Bureau of Economic Research - 2021
We examine how disadvantaged students make postsecondary education decisions, focusing on why they often opt for short, flexible programs that tend to have low returns in the labor market. Prior literature emphasizes information deficits and financial constraints. We draw upon qualitative data...
Persistent link: https://www.econbiz.de/10012696381
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Treatment Decision-Making in Catastrophic Illness
Warner, Kenneth E. - 1976
It is well established that the social and economic environment of medical care distinguishes its provision from that of other goods and services. While scholars have studied the influences of this idiosyncratic environment, there is relatively little empirical knowledge about how it affects...
Persistent link: https://www.econbiz.de/10012478990
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Correlation Neglect in Student-to-School Matching
Rees-Jones, Alex - 2020
A growing body of evidence suggests that decision-makers fail to account for correlation in signals that they receive. We study the relevance of this mistake in students' interactions with school-choice matching mechanisms. In a lab experiment presenting simple and incentivized school-choice...
Persistent link: https://www.econbiz.de/10012479258