IDEAS home Printed from https://ideas.repec.org/a/cai/recosp/reco_555_0869.html
   My bibliography  Save this article

Décision médicale et probabilités imprécises

Author

Listed:
  • Louis Eeckhoudt
  • Meglena Jeleva

Abstract

Usually medical decisions (diagnosis, treatment, prevention etc.) are analyzed under the assumption that the probabilities of various health states or the outcomes from different medical decisions are unique and perfectly known. Preferences are then represented by the expected utility model. In reality however, for most medical decisions, the available information on probabilities is imprecise and can be represented as an interval of values. The purpose of this paper is to illustrate the impact of this type of ambiguity on treatment and prevention decisions. To achieve this goal we use a decision model where preferences depend on one side, on attitude towards ambiguity, represented by a Hurwicz pessimism-optimism and on the other side on attitude towards risk, represented by a standard utility function. Classification JEL : I12, D81

Suggested Citation

  • Louis Eeckhoudt & Meglena Jeleva, 2004. "Décision médicale et probabilités imprécises," Revue économique, Presses de Sciences-Po, vol. 55(5), pages 869-881.
  • Handle: RePEc:cai:recosp:reco_555_0869
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=RECO_555_0869
    Download Restriction: free

    File URL: http://www.cairn.info/revue-economique-2004-5-page-869.htm
    Download Restriction: free

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hippolyte D'Albis & Emmanuel Thibault, 2012. "Ambiguous Life Expectancy and the Demand for Annuities," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00721281, HAL.
    2. repec:hal:journl:halshs-00721281 is not listed on IDEAS
    3. Berger, Loïc & Bleichrodt, Han & Eeckhoudt, Louis, 2013. "Treatment decisions under ambiguity," Journal of Health Economics, Elsevier, vol. 32(3), pages 559-569.

    More about this item

    JEL classification:

    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:recosp:reco_555_0869. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire). General contact details of provider: http://www.cairn.info/revue-economique.htm .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.