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Journal of Risk and Uncertainty

, Volume 39, Issue 1, pp 1–16 | Cite as

A theory of medical decision making under uncertainty

  • Edi Karni
Article

Abstract

This paper presents an axiomatic model of medical decision making and discusses its potential applications. The medical decision problems envisioned concern the choice of a medical treatment following a diagnosis in situations in which data allow construction of an empirical distribution over the potential outcomes associated with the alternative treatments. In its descriptive interpretation, the model is an hypothesis about the patient’s choice behavior. The theory also aims to aid physicians in recommending treatments in a coherent manner.

Keywords

Medical decision making Medical treatment choice 

JEL Classifications

I19 D81 

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Copyright information

© Springer Science+Business Media, LLC 2009

Authors and Affiliations

  1. 1.Johns Hopkins UniversityBaltimoreUSA

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