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This textbook discusses medical decision making under uncertainty, combining informative test theory with the expected utility hypothesis. Readers will learn how the parameters of Bayes' theorem can be combined with a value function of health states to arrive at informed test and treatment decisions.
Prof. Dr. Stefan Felder holds the Chair of Health Economics at the Economics Department of the Duisburg-Essen University. He studied economics and sociology, received his Ph.D. and his venia docendi from the University of Bern. He worked and taught at the University of Western Ontario (1990/92), University of Zurich (1992/1996) and University of Fribourg (1993/95) before joining the Faculties of Medicine and Economics at the University of Magdeburg in 1997. He currently is the general secretary of the German Association of Health Economics. From 2011, he will take over the Endowed Chair of Health Economics at the University of Basel, Switzerland. Thomas Mayrhofer is a Research Associate in the Doctoral Program in Economics at the Chair of Health Economics, University Duisburg-Essen.
Stefan Felder, Thomas Mayrhofer
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
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Management & Business: General
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Springer-Verlag Berlin and Heidelberg GmbH & Co. K
55 black & white illustrations, 7 black & white tables, biography