In this paper, we generalize the classic therapeutic decision-making model, developed by Pauker and Kassirer, from the expected utility(EU) to the rank-dependent utility (RDU) framework. In contrast with EU, the RDU can incorporate a physician's optimistic and pessimistic biases into...

Background: Risk attitudes influence decisions made under uncertainty. This paper investigates the association of risk attitudes with the utilization of preventive and general healthcare services, work absence and resulting costs to explore their contribution to the heterogeneity in utilization....