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- W2065226002 abstract "This paper offers a model for the bias found in willingness-to-pay valuations against new treatments. For example, this bias provides an explanation for patient preferences that make it difficult for formularies to take treatments off their lists, even when newer treatments would appear to be clearly preferable. The appeal of the model, which is based on imperfect information, is thatit is consistent with rational preferences and rational behavior by patients, which are necessary for standard models and methods related to decision theory, cost effectiveness, and efficiency." @default.
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- W2065226002 date "2002-01-01" @default.
- W2065226002 modified "2023-10-01" @default.
- W2065226002 title "The Bias Against New Innovations in Health Care: Value Uncertainty and Willingness to Pay" @default.
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