Saturday, January 19, 2013

Asymmetric information, illustrated


From Gizmodo:
Doctors Don’t Follow Their Own Advice on Medical Treatment 
It's been known that doctors tend to avoid their advice for patients when it comes to treating themselves but it's pretty amazing how big the difference really is. Radiolab dug up a decade-long survey made by Joseph Gallo of John Hopkins that showed what doctors really think. 
The scenario the doctors were given was "irreversible brain injury without terminal illness". Taking a look at the survey and it's pretty, um, clear that doctors don't want any type of treatment other than pain meds.

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