Unbiased Analysis of Today's Healthcare Issues

Think Aloud: A tool for experimental economists

Are people irrational?  Many economic experiments have shown that people often make seemingly irrational or paradoxical choices.  An article by Ryan, Watson, and Entwistle (Health Econ 2009) probes whether or not people really are irrational using discrete choice experiments (i.e., pick option A or option B).  What they found is that some of the “irrational” behavior is often […]

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