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patients show surprisingly little interest in private information on medical quality. For example, patients who would soon undergo a dangerous surgery (with a few percent chance of death) were offered private information on the (risk-adjusted) rates at which patients died from that surgery with individual surgeons and hospitals in their area. These rates were large and varied by a factor of three. However, only 8 percent of these patients were willing to spend even $50 to learn these death rates.46 Similarly, when the government published risk-adjusted hospital death rates between 1986 and ...more
The Elephant in the Brain: Hidden Motives in Everyday Life
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