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Persistent link: https://www.econbiz.de/10014491028
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...
Persistent link: https://www.econbiz.de/10012948302