Title: Measurement of risk and time preferences using Multiple-Price-List: a case in precision medicine
Speaker: Dr. Shan Jiang, School of Public Health, University of British Columbia, Canada
Time: Dec 2nd, 2019, Monday, 13:30-17:00 PM
Venue: Building 24#-C207
Host: Prof. Jing Wu
Abstract: Behavioral insights and experimental methods have gained attention among health policy makers. The importance of risk and time preferences has been extensively discussed. Evidence suggests that patients’ risk and time preferences have an impact on the uptake of vaccinations, preventive care, medical tests, and treatment adherence; and that physicians’ risk and time preferences affect treatment decisions. We conducted a field experiment to investigate the risk and time preferences of physicians in the context of genome sequencing, to demonstrate the method of jointly measuring the risk and time preferences of participants in health care services.