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The Role of Outcome Forecasts in Patients' Treatment DecisionsEvidence from a Survey Experiment on Knee Replacement Surgery

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  • Kesternich, Iris
  • Caro, Francis G.
  • Gottlieb, Alison S.
  • Hoffmann, Susanne
  • Winter, Joachim

Abstract

ObjectiveTo analyze the effect of personalized outcome probabilities on treatment decisions. Data SourceAmerican Life Panel. Study DesignWe designed an experimental survey that respondents answered by recommending replacement surgery for hypothetical patients diagnosed with knee osteoarthritis. The primary manipulation was whether respondents were given personalized outcome probabilities for the patients. Principal FindingsPatient-specific outcome forecasts significantly influenced decisions, with effect sizes comparable to those of physicians' opinions and patient testimonials. The presentation format also affected the probabilities' influence on choices. We did not find evidence that the educational level of subjects affected the weight that they give to outcome probabilities in making recommendations. ConclusionOur study points to a need for more research on the use of patient-specific outcome forecasts.

Suggested Citation

  • Kesternich, Iris & Caro, Francis G. & Gottlieb, Alison S. & Hoffmann, Susanne & Winter, Joachim, 2016. "The Role of Outcome Forecasts in Patients' Treatment DecisionsEvidence from a Survey Experiment on Knee Replacement Surgery," Munich Reprints in Economics 43513, University of Munich, Department of Economics.
    • Handle: RePEc:lmu:muenar:43513
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