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frequency and intensity of second- and third-order risk preferences, as well as the effect of the medical decision context. Risk … risk, medical decision theory predicts lower treatment thresholds for risk-averse than for risk-neutral decision makers …-neutrality (from 50.0% to 29.3%). Risk aversion accounts for 3/4 of this effect, prudence for 1/4. Medical decision framing does not …
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Best-worst scaling (BWS), also known as maximum-difference scaling, is a multiattribute approach to measuring preferences. BWS aims at the analysis of preferences regarding a set of attributes, their levels or alternatives. It is a stated-preference method based on the assumption that...
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patients that are distinguished only by their personal characteristics and (ii) views concerning its involvement in decision …
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